Face Value

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Face Value

A readily ascertainable amount of money determinable from the words of a written instrument alone without the aid of any other source.

The face value of an instrument such as a financial document is only the amount shown on it, without the inclusion of interest or fees customarily added or reference to its actual market value.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

face value

n. in shares of stock, the original cost of the stock shown on the certificate, or "par value."

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
References in periodicals archive ?
For the Premium Bond (Table 2 below), because its price tag is not $100 but $109.16, we can only buy $916,091.39 face amount with our $1,000,000, so our annual coupon annual payment will be $45,804.57 (5% times the face amount).
Next, USD512,038,000 aggregate face amount of class B Pass Through certificates, Series 2013-2 for an equivalent aggregate face amount of outstanding class B Pass Through certificates, Series 2013-2, which were privately placed on Nov.
One Year Study Periods for 1995-00 Select Period Experience Combined Males, Females, Nonsmoker, Smoker and Unknown Smoker A/E Ratios by Face Amounts Based on 2001 VBT 1995-96 1996-97 1997-98 1998-99 1999-00 Total 90.4% 92.2% 87.4% 84.3% 83.5% Over the period from 1995-2000, the decline is in the range of from 1.5% to 2% per year.
Policyowners whose circumstances change can later "reconfigure" the policy by changing the schedule of premium payments and/or the face amount or duration of coverage.
When an individual or business engages in a life settlement transaction, the amount it recoups is based on the policy's face amount and cash surrender value as well as other factors, such as the insured's health, age and the current policy premium.
The offer to exchange (the Class A Exchange Offer) USD924,408,000 aggregate face amount of Class A Certificates, Series 2007-1 (New Class A Certificates), registered under the US Securities Act of 1933, as amended, for an equal face amount of outstanding Class A Certificates, Series 2007-1 (Old Class A Certificates), which were privately placed on 11 October 2007, has been extended by Delta Air Lines Inc (NYSE:DAL).
Only data for issue ages greater than or equal to 25, durations up to 15 and face amounts of $100,000 up to $2,500,000 were used in the analysis of preferred mortality.
The developers will have thought to adjust the minimum face amount, the risk classes, the banding and maybe even the rider offerings.
We're not trying to replace the type of sale we already get [higher face amounts and full underwriting].
The face amounts are generally less than $50,000 and are sold to the senior market.
Premiums and average face amounts of new individual life policies continued to rise last year, however.