face value

Meanings

• noun

  The monetary value that is shown on the face of a coin or a banknote.

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Pronunciation

1. 
   
   
   
   Source: "https://commons.wikimedia.org/w/index.php?curid=75994954"

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Synonyms

par value

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Variants

List of all variants of face value that leads to same result
face value , face values , accepted at face value , at face value , taken at face value , taken/accepted at face value

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'face value' originated from the literal meaning of a coin or banknote, which displays its monetary worth on its surface.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'face value' was first used in the context of paper money during the 17th century.

2. The highest face value coin ever minted is the 2007 $1 million Australian Bullion Coin.

3. Face value does not necessarily represent the actual value of a coin or banknote, as its market value may differ.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. intrinsic value: The actual worth or value of something, independent of its market price or face value.

2. market value: The price at which an asset or security is bought or sold in the market.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Face value is an essential concept in finance, economics, and everyday transactions. It represents the nominal worth of a currency unit and is used as a basis for determining the exchange rate between different currencies.

How to Memorize "face value"

1. visualize
   

   - Imagine a coin or banknote in your hand and focus on the numbers and symbols displayed on its surface.

2. associate
   

   - Link the term 'face value' with the concept of monetary worth or the physical appearance of a coin or banknote.

3. mnemonics
   

   - Use the phrase 'face worth' as a mnemonic to remember the term 'face value'.

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