Quantity expressed as an amount representing the face amount, i.e. the principal, of a debt instrument. Euroclear Clearing and Settlement glossary
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face amount UK US noun [C] US
► INSURANCE the amount of money that is paid out on an insurance policy if the person insured dies or when the policy matures
► FINANCE FACE VALUE(Cf. ↑face value)
Financial and business terms. 2012.