face value


The amount that a bond holder will receive from the issuer at redemption. The face value of a bond is only one factor determining the value of a bond on the secondary market. Investors will often pay more than face value for an existing bond with higher yield than is available on a new issue. See Par.

Related Terms

 • silver certificate  • above par  • nominal value  • share at par  • partly paid up shares  • factor  • par  • bond discount
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Popular Bond Terms