from The American Heritage® Dictionary of the English Language, 4th Edition
- n. The value imprinted on a security, such as a stock certificate or bond, used to calculate a payment, such as a dividend or interest; face value. Also called nominal value.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. The amount or value listed on a bill, note, stamp, etc.; the stated value or amount.
from the GNU version of the Collaborative International Dictionary of English
- n. nominal value; face value; -- used especially of financial instruments, such as bonds.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. the value of a security that is set by the company issuing it; unrelated to market value
Sorry, no etymologies found.
Bill would pick up an old critter whose par value was the price of one horse-hide, and after it had been pulled and shoved into his stable, the boys would stand around waiting for crape to be hung on the door.