Face value - Wikipedia

Face value can be used to refer to the apparent value of something other than a financial instrument, such as a concept or plan. In this context, "face value" ... Facevalue FromWikipedia,thefreeencyclopedia Jumptonavigation Jumptosearch Forotheruses,seeFacevalue(disambiguation). Nominalvalueofacurrencygivenbytheissuingauthority Thisarticleincludesalistofgeneralreferences,butitlackssufficientcorrespondinginlinecitations.Pleasehelptoimprovethisarticlebyintroducingmoreprecisecitations.(September2017)(Learnhowandwhentoremovethistemplatemessage) ARomanianstampfrom1947showingafacevalueof12Lei. Thefacevalue,sometimescallednominalvalue,isthevalueofacoin,stamporpapermoneyasprintedonthecoin,stamporbillitself[1]bytheissuingauthority. Thefacevalueofcoins,stamps,orbillisusuallyitslegalvalue.However,theirmarketvalueneednotbearanyrelationshiptothefacevalue.Forexample,somerarecoinsorstampsmaybetradedatpricesconsiderablyabovetheirfacevalue.Coinsmayalsohaveasalvagevalueduetomoreorlessvaluablemetalsthattheycontain. Overview[edit] Thefacevalueofbondsusuallyrepresentstheprincipalorredemptionvalue.Interestpaymentsareexpressedasapercentageoffacevalue.Beforematurity,theactualvalueofabondmaybegreaterorlessthanfacevalue,dependingontheinterestratepayableandtheperceivedriskofdefault.Asbondsapproachmaturity,actualvalueapproachesfacevalue. Inthecaseofstockcertificates,facevalueistheparvalueofthestock.Inthecaseofcommonstock,parvalueislargelysymbolic.Inthecaseofpreferredstock,dividendsmaybeexpressedasapercentageofparvalue. Thefacevalueofalifeinsurancepolicyisthedeathbenefit.Inthecaseofso-called"doubleindemnity"lifeinsurancepolicies,thebeneficiaryreceivesdoublethefacevalueincaseofaccidentaldeath. Thefacevalueofproperty,casualtyorhealthinsurancepoliciesisthemaximumamountpayable,asstatedonthepolicy'sfaceordeclarationspage. Facevaluecanbeusedtorefertotheapparentvalueofsomethingotherthanafinancialinstrument,suchasaconceptorplan.Inthiscontext,"facevalue"referstotheapparentmeritsoftheidea,beforetheconceptorplanhasbeentested. Facevaluealsoreferstothepriceprintedonatickettoasportingevent,concert,orotherevent(thepricetheticketwasoriginallysoldforbytheorganizationhostingtheevent).Thepracticeofre-sellingticketsformorethanfacevalue(oracertainamountabovefacevalue)iscommonlyknownasticketscalping. Takingsomeoneatfacevalueisassuminganotherperson'ssuggestion,offer,orproposalissincere,ratherthanabargainingploy.[originalresearch?] Seealso[edit] Numismaticsportal Moneyportal Denomination(currency) Denomination(postagestamp) Gresham'slaw Nominalvalue Meltvalue Parvalue Placevalue Tokenmoney References[edit] ^Adictionaryofbusinessandmanagement(5th ed.).Oxford[England]:OxfordUniversityPress.2009.ISBN 9780199234899.OCLC 277068142. Buchanan,T.B.(1894).PrinciplesofMoneyandCoinage.ChamberofCommerceandBoardofTrade.p. 22.RetrievedSeptember5,2017. Allen,L.(2009).TheEncyclopediaofMoney.ABC-CLIO.p. 193.ISBN 978-1-59884-251-7.RetrievedSeptember5,2017. Conant,C.A.(1905).BookII-Theprinciplesofthevalueofmoney:Theimportanceofdefinitions.ThePrinciplesofMoneyandBanking.Harper.p. 280.RetrievedSeptember5,2017. Authoritycontrol:Nationallibraries Germany Retrievedfrom"https://en.wikipedia.org/w/index.php?title=Face_value&oldid=1045540228" Categories:NumismaticterminologyPhilatelicterminologyHiddencategories:ArticleswithshortdescriptionShortdescriptionisdifferentfromWikidataArticleslackingin-textcitationsfromSeptember2017Allarticleslackingin-textcitationsAllarticlesthatmaycontainoriginalresearchArticlesthatmaycontainoriginalresearchfromSeptember2017ArticleswithGNDidentifiers Navigationmenu Personaltools NotloggedinTalkContributionsCreateaccountLogin Namespaces ArticleTalk English expanded collapsed Views ReadEditViewhistory More expanded collapsed Search Navigation MainpageContentsCurrenteventsRandomarticleAboutWikipediaContactusDonate Contribute HelpLearntoeditCommunityportalRecentchangesUploadfile Tools WhatlinkshereRelatedchangesUploadfileSpecialpagesPermanentlinkPageinformationCitethispageWikidataitem Print/export DownloadasPDFPrintableversion Languages AzərbaycancaБеларускаяБеларуская(тарашкевіца)БългарскиBoarischČeštinaDeutschEspañolFrançaisGalegoHrvatskiעבריתLietuvių日本語PolskiРусский粵語 Editlinks