Face Value - Law Dictionary Search Results
face value
Matched in: Term face value
bond
reorganization and on which interest payments are usually contingent upon earnings ba·by bond : a bond having a face value of usually $500 or less bearer bond : a fully negotiable bond payable to its bearer compare registered … lien on particular assets : debenture discount bond : a bond with a market value lower than its face value flower bond : a Treasury bond that may be redeemed at face value before maturity if used in
face
Matched in: Term face
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Holder in due course
is 'a holder who has taken a bill of exchange [cheque or note], complete and regular on the face of it,' under the following conditions, namely:- (a) That he became the holder of it before it was … such was the fact. (b) That he took the bill [cheque or note] in good faith and for value, and that at the time it was negotiated to him he had no notice of any defect in
Par
Par, state of equality; equal value. Par value, the face value of a security or share as contrasted with its market price or selling value. See EXCHANGE.
discount
also discount bond at bond d : the sale of securities that are issued below and redeemed at face value compare premium [dis-kant, dis-kant] vt 1 a : to make a deduction from usually for cash or prompt
margin
or profits derived 2 : the amount by which the market value of collateral is greater than the face value of a loan 3 a : cash or collateral deposited in a regulated amount by a client with
premium
premium 1 : the difference between the face value or par value of a security and its market price when the latter is greater compare discount 2
par
par [Latin, one that is equal, from par equal] : the face amount of an instrument of value (as a check or note): as a : the monetary value assigned
Seigniorage
1980), s. 4] Means profit made by a Government by issuing currency; the difference or margin between the face value of coins and their production costs; the crown's right to charge a percentage on bullion brought to a
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