face value
Face value refers to the stated value of a security at the time of issuance. Face value can be applied to many things, like currency, but is usually used regarding stocks and bonds . For bonds, the face value is the same thing as par value : the amount the bondholder will receive at maturity. For stocks, the face value refers to the miniscule amount of capital a corporation is required to maintain per share.
[Last reviewed in July of 2021 by the Wex Definitions Team ]
Wex