were donated in October
Copyright © 2024 Farlex, Inc.
| Privacy policy
| Feedback | Dictionary Home
Disclaimer: All content on this website is for informational purposes only. It was submitted by the users and has not been checked for accuracy. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.
face value
Definition
(Noun) (Finance): the value of a bond, currency, coin or whatever printed on its face by the issuing authority.Usage: A $1,000 face value bond will be redeemed for $1,000 at maturity, in the normal course of events, whatever fluctuations in price occur in the interim. (Interest payments are separate from face value but expressed as a percentage thereof.)
Link to this page: