- if their remarks may be taken at face value
Examples of face value in a Sentence
We paid 0 for tickets that had a face value of .
Recent Examples of face value from the Web
The funds purchase the debt at a deep discount, forgo regular interest payments and instead receive the debt’s full face value at maturity.
Set to make its bow in the U.K. later this year, AXS Marketplace will enable fans to buy and sell tickets through the same platform and cap prices at no more than 10 percent above the face value.
Pruitt purchased the tickets at face value from the OU athletic department.
The company’s bonds, as a result, have been trading at deep discounts to face value.
Ticketmaster has settled cases with the Federal Trade Commission over steering customers to tickets above face value on TicketsNow without disclosure.
Rather, the dramedy seems to lightly poke fun at the systems working to ruin Plum’s self esteem, while also taking her self-hatred at obvious face value, as if everyone who looks like Plum detests their body.
Its bonds were trading at just over half face value.
Despite face value being low — $75 for practice rounds and $115 for tournament rounds — tickets have been sold out since 1972.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'face value.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Definition of FACE VALUE
What It Is
How It Works
When it comes to bonds and preferred stock, however, face value represents the amount that must be repaid at maturity. Corporate bonds usually carry a $1,000 face value, municipal bonds usually carry a $5,000 face value, and government bonds usually carry a $10,000 face value, though these amounts can vary widely.
Let's assume Company XYZ decides to issue $1,000,000 in bonds to raise capital to help fund the construction of a new factory. If each bond had a face value of $1,000, the company would have to issue 1,000 bonds to meet its $1,000,000 goal.
This bond issue would also pay interest in an amount per bond that is impacted by the amount of the face value. For example, if the bonds paid 5%, it means they will pay interest amounting to 5% of the bond's face value each year. That would mean interest payments totaling $50 annually for a bond with a $1,000 face value.
Why It Matters
As shown in the example above, the interest on a bond is usually calculated as a percentage of face value. Additionally, bondholders often receive a percentage over the bond's face value as a redemption premium if the borrower decides to repay the debt before it is due (known as a callable bond, this is often done on a sliding scale based on when the bonds are redeemed).
It is important to note that when it comes to stocks, face value (or par value) generally has no relation to market price. Bond prices, however, are heavily influenced by their face value. Bonds are usually quoted as a percentage of face value. However, their prices can climb above (premium) or fall below (discount) their face value based on changes in interest rates and the financial health of the underlying issuer.
FACE VALUE Defined for English Language Learners
: the value that is printed or shown on something (such as a coin or bill)
Seen and Heard
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