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A Romanian stamp from 1947 showing a face value of 12 Lei. The face value, sometimes called nominal value, is the value of a coin, bond, stamp or paper money as printed on the coin, stamp or bill itself [1] by the issuing authority. The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear ...
That means that a price is quoted as, for instance, 99-30+, meaning 99 and 61/64 percent (or 30.5/32 percent) of the face value. As an example, "par the buck plus" means 100% plus 1/64 of 1% or 100.015625% of face value. Most European and Asian bond and futures prices are quoted in decimals so the "tick" size is 1/100 of 1%. [3]
A process of changing the ratio between the main and the subunit of a currency to an integral power of 10. This is not to be confused with Redenomination. Denomination Face value or amount a coin or note is worth. District Number (U.S.A.) The Federal Reserve District Number appears four times on the face of a bill for identification purposes ...
The twelve-sided Australian fifty-cent coin is the third-highest denomination coin of the Australian dollar and the largest in terms of size in circulation. It is equal in size and shape to the Cook Island $5 coin, and both remain the only 12-sided coins in the southern hemisphere.
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A bondholder will receive coupon payments semiannually (unless otherwise specified) in the amount of , until the bond matures, at which point the bondholder will receive the final coupon payment and the face value of a bond, (+). The present value of a bond is the purchase price. [2]
The face value of a coin, stamp, or bank note is the value printed on the object. Face Value may also refer to: Face Value, an American silent drama film; Face Value, an American silent drama film; Face Value, a 1981 album by Phil Collins; Face Value, a 1983 compilation book by Jani Allan; Face Value, a 1993 play by David Henry Hwang "Face ...