Meaning of FACE VALUE in English

FACE VALUE

Value of a bond or note as given on the certificate. Corporate bonds are usually issued with $1,000 face values, municipal bonds with $5,000 face values, and government bonds, $1,000 to $10,000 face values. Also known as the principal.

Mutual Fund English Glossary.      Английский глоссарий взаимных и инвестиционных фондов.