The face value of a bond or a share ( shares) (which will not usually be the same as its price). Also known as par value. For a bond or redeemable share, it will usually indicate the value at which the bond or share will be redeemed by the issuer. It also enables the interest payment on a bond to be calculated, being given by the nominal value of the holding multiplied by the quoted coupon for the bond. Dresdner Kleinwort Wasserstein financial glossary
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The value of the security when it is first issued, also known as the par value. Financial Services Glossary
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The notional value of a futures or options contract for Exchange-traded derivatives (see also principal value when related to cash securities). LIFFE
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Apparent worth. The nominal value that appears on the face of the document recording an entitlement, generally a certificate or a bond. For debt instruments, the amount to be repaid at maturity. Also known as face value or par value.
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nominal value UK US noun [S]
Financial and business terms. 2012.