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1. The stated value of a security, such as a bond or share of preferred stock, from which interest payments or dividends are calculated as a percentage. Also called face value.
2. The minimum price at which a share of common stock is initially issued to investors.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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face val•ue(ˈfeɪs ˌvæl yu for 1; ˈfeɪs ˈvæl yu for 2 )
1. the value printed on the face of a stock, bond, etc.
2. apparent value.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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|Noun||1.||par value - the value of a security that is set by the company issuing it; unrelated to market value|
value - the quality (positive or negative) that renders something desirable or valuable; "the Shakespearean Shylock is of dubious value in the modern world"
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