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 ?
The total face value of bad checks ever written in Turkey has risen to TL 606 billion, while the number rose to 20.8 million as of November.
The first coin in the Royal Mint's "face value" range - a PS20 for PS20 coin marking the birth of Prince George - sold out within days.
Tickets are being sold at face value plus a standard 10% booking fee and are available for the Metro Radio Arena shows on October 25, 26 and 27.
"There are no alternative metal compositions that reduce the manufacturing unit cost of the penny below its face value," the U.S.
aACAo MXN 1.4 billion (original face value) from Banobras: Baa1/Aa1.mx
Transactions in progress with a face value of over EUR40bn are also expected to complete over the coming months.
Among nine key retail websites, walgreens.com led with the highest face value per unit at $1.98,32.8% higher than the average of$1.33.
Its annual life settlement report states that the number of transactions fell by 11.8 percent to 1,187 in 2012 from 1,346 in 2011, while total face value of policies sold declined sharply to $2.12 billion from $5.06 billion.
We find such upside justified as in early June MTS-20 was trading at 123% of the face value.
Because the face value was so low, scalpers could buy many tickets at face value while only having to sell a few at market value in order to break even.
Although Face Value did not have an easy race on that occasion, he looks tough enough to cope with the 2m test presented by the Ladbrokes Bet In Play Handicap (5.00) as his stamina is not in question judged on his victory on the all-weather at Wolverhampton last winter when with Gordon Elliott.
It purchased approximately $39.3 billion in face value of RMBS with a $19.5 billion loan to the SPV.