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.

face value

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

face value

(First blush), noun appearance, manifestation, semblance, visual impact

face value

(Price), noun price charged, quoted price, sum, total, worth

See also: cost, face amount, par, price

References in periodicals archive ?

In the discussions of the Committee of Twenty, the par value system still was regarded as the "normal" regime, and "the task of monetary reform was viewed as one of improving the Bretton Woods system so that it would operate without frequent crises, and in a more symmetrical fashion" than previously, "to facilitate the continued expansion of international trade and productive capital flows.

Under the old system, a country in deficit that was losing reserves was pushed more quickly than a country in surplus to deal with its balance of payments problem, either through demand-management policy, or by adjusting the par value of its currency.

The Committee of Twenty recognized that the international monetary system was in flux and that it might be particularly difficult in the circumstances of the time to return to a par value system.