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 ?
In the first quarter, a total of 293 counterfeit Bulgarian banknotes circulated in the money circulation were detained in the National Center for Analysis of the BNB - the largest share of those with a nominal value of BGN 20 (52.22 per cent).
15 million bond certificates were issued under the ticker symbol "GAP 15-2", at a nominal value of MXN100 each, for a total value of MXN1.5 billion, on which interest will be payable every 182 days at a fixed rate of 7.08 percent.
dollar correspondence of the nominal value per share.
The repayment of the second category has been established for over 7 years with a nominal value of 100 dinars.
The value is equivalent to Dh242.6 million for 2013, an increase of Dh97.1 million as compared to Dh145.5 million (six per cent of the share's nominal value) in 2012.
It offered 90 million shares on IPO, half of its total shares, at a nominal value of SR 10 per share.
Grecon's new tM 1/9 thermo sensor, artfully photographed, not only reacts when an adjusted temperature threshold is exceeded, but also triggers an alarm if a temperature rise is typical of fire, with two different trigger functions: for smouldering fire with slowly rising temperatures, the system heats up steadily and triggers an alarm when the nominal value of the sensor is reached.
The IC starts to turn off when the voltage drop across its two terminals exceeds a nominal value of [+ or -]1.5 V.
29 March 2012 - NOMOS-Bank is planning a common stock offering with a nominal value of RUB650m (USD22m/EUR17m) the Russian lender said in documents obtained by news agency Prime Thursday.
The company has repurchased USD10.8m nominal value of the company's 4.75 percent convertible senior notes, due 2013, in an open market purchase, for around USD7.4m.
The funds received from placement of municipal bonds will be spent to refinance the nominal value of previous bonds, as well as for repair and reconstruction of roads.