Silence is fraud's best friend. Word of mouth is fraud's worst enemy. Pass the word!TM
|
|
|
Face Value:
The value printed on the face of a security, insurance policy, or unit of currency. An interest-bearing instrument will have a base face value at issuance, with the interest being the added-in value at maturity. The difference between the issuance value and maturity value is called the DISCOUNT or premium, or in the case of securities, the par value.
|
____ |
|
