A bond with a face value
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For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the holder at maturity, typically in $1,000 denominations. The face value for bonds is often referred to as "par value" or simply "par."
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For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the holder at maturity, typically in $1,000 denominations. The face value for bonds is often referred to as "par value" or simply "par."
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