Business / Taxes / Face Value: Face value, or par value, is the dollar value of a bond or note, generally $1,000. That is the amount the issuer has borrowed, usually the amount you pay to buy the bond at the time it is issued, and the amount you are repaid at maturity, provided the issuer doesn't default. However, bonds may trade at a discount, which is less than face value, or at a premium, which is more than face value, in the secondary market. That’s the bond’s market value, and it changes regularly, based on supply and demand. The death benefit of a life insurance policy, which is the amount the beneficiary receives when the insured person dies, is also known as the policy's face value.
Face Adjective Synonyms: visage, countenance, physiognomy, features, lineaments, mug, mush, kisser, pan, puss, phiz, phizog, dial, clock
Face Verb Synonyms: coat, surface, cover, clad, dress, sheathe, overlay, finish, veneer
Face Noun Synonyms: mask, veneer, facade, front, camouflage, pretence, disguise, (false) impression, semblance, masquerade
Business / Finance / Par Value: The stated value of a share of stock. Par is usually a minimal value (such as $.01) and bears no relation to the market value of the shares. See also contributed capital. MORE
Business / Accounting / Bond Carrying Value: The face value of bonds minus the unamortized discount or plus the unamortized premium. MORE