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face amount

   Also found in: Financial, Wikipedia, Hutchinson 0.01 sec.

face amount n. the original amount due on a promissory note or insurance policy as stated therein, without calculating interest.


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MONY One Year Non-Renewable, Non-Convertible Term One Year Non-Renewable, Non-Convertible Term Premium Rates Initial Premium Unisex Rates Per $1,000 of Face Amount $50,000 Minimum Face Amount--Annual Mode of Premium Only Single Life Premium Rates per $1,000 Face Amount Issue Issue Issue Age Unisex Age Unisex Age Unisex 0 0.
The face amount is not necessarily the amount paid for the card by the user or any intermediary.
The gain is the excess of the face amount of the notes over their bases (not stated in the decision) at Frane's death.
 
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