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TeachMeFinance.com - explain face value
face value -- the sum of money denoted on the principal, or "face" side, of a financial instrument such as bond or note, representing: (1) the amount of money the issuer promises to pay at maturity and (2) the amount on which interest is computed. Synonymous with par value.
historic definition...
Face value -- The face value of stocks and bonds is the value
printed on the face of them the amount they are issued for
or call for ; same as par value. For additional information see
Par.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2005 by Mark McCracken, All Rights Reserved.
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