Face Value (Par Value)
Face value, also called par value, is the amount a bond issuer promises to repay at maturity and the base on which the coupon is calculated. It is fixed by the bond's terms and does not change when the market price moves.
Investment & trading encyclopedia
Understand investment products, market mechanics, indicators and research terminology. Each entry includes an explanation, example, cautions and related learning.
Showing 1–1 of 1