face amount (face of policy)
sum of insurance provided by a policy at death or maturity.
Dictionary of Insurance Terms ...
Face Amount (face Value)
The value of a bond, note or other security as printed on the document. Throughout the life of a security, its market price will fluctuate ...(Read more)
Factoring ...
FACE AMOUNT CERTIFICATE " A type of investment company where an investor makes periodic payments and at the end of a specified time period, the company pays the investor the face amount of the plan.
Face Amount - Commonly refers to the death benefit amount in the contract. The actual amount payable may be decreased by loans or increased by additional benefits payable under specified conditions or stated in a rider.
Face Amount:
The amount stated on the face of the insurance policy. Special provisions could increase this amount, such as "accidental death" or through the application of policy dividends.
Family Trust: ...
Face amount: Par value (principal or maturity value) of a security appearing on the face of the document.
return to top
G ...
Policy Face Amount. The maximum amount payable under an insurance policy, so-called because the amount is printed on the face of the policy.
FACE AMOUNT The amount of insurance provided by the policy at death or maturity. FACULTATIVE REINSURANCE A type of reinsurance that allows a reinsurer to accept or reject any risk that is presented to them by an insurance company.
Face Amount Certificate
A debt instrument issued by a face amount certificate company, which is a type of investment company.
Face amount of a SECURITY, exclusive of any PREMIUM or INTEREST. The basis for INTEREST computations.
Face Amount
Bullet Bond (finance term)
At Par (in accounting)
Endowment Insurance (insurance term) ...
Face Amount - The amount stated on the face of the policy that will be paid in case of death. It does not include additional amounts payable under accidental death or other special provisions, or acquired through the application of policy dividends.
The face amount of debt; the amount borrowed or lent. Often called principal.
Principal only (PO) ...
A bond's face amount.
Product Purchases
Cash spent by the company on those items necessary to directly produce the product or service.
Principal
The face amount or par value of a bond. The principal amount of a trade is the par value of one bond times the number of bonds involved in the trade.
Principal:
The face amount or par value of a debt security.
One who acts as a dealer buying and selling for his own account.
Principal (Real Estate): The amount actually borrowed.
cashier's check A check which cannot bounce because its face amount is paid to the bank when... cashless exercise A method of converting options into stock that requires no initial cash payment...
Precompute Method of charging interest in which the annual interest is either deducted from the face amount of the loan when the funds are distributed or is added to the total amount and divided into the regular payments.
FRN See: Floating-rate note FSC See: Foreign Sales Corporation FX Rate See:Foreign exchange rate Face-amount certificate A debt security issued by face amount.
These bonds are issued at a discount par, sold in face amounts of $25 to $10,000. All interest is paid at maturity and is exempt from state and local taxes. Series HH Bond A registered bond that is issued at par in exchange for EE bonds.
a written promise by a company, government, or other institution to pay the face amount at the maturity date. Periodic interest payments are usually required. Bonds are typically stated in $1000 denomiÂnations.
Adjustable life insurance enables the owner to raise or lower the face amount, as well as increase or decrease the insurance premium. As such, the accumulated cash value of the adjustable life insurance policy will also vary.
As to the sale to the customer, the dealership's sale of the vehicle constitutes a retail sale of a consumer durable requiring reporting of certain monetary instruments if the face amount was $10,000 or less and the total transaction exceeds $10,000.
An interest-bearing security that obligates the issuer to pay a specified amount of interest for a specified time, usually several years, and then repay the bondholder the face amount of the bond.
Bonds that do not pay interest but which are instead sold at a substantial discount to par so at maturity they return the face amount. These bonds tend to be more volatile than regular bonds so they are best held to maturity by most investors.
However, noncompetitive bidders must accept the discount rate determined at auction and cannot purchase more than a face amount of $5 million.
A debt security issued by face amount. The holder makes payments periodically to the issues, ...
Baby Bond: One sold at face amount less than $1,000 to make it attractive to smaller investors. See Bond.
Balance Sheet: The firm's financial statement that provides a picture of its assets, debts, and net worth at a specific point in time.
Principal - Term with several financial definitions: (1) original investment in a bond, mortgage or other debt; (2) the balance of an obligation, separate from interest; (3) face amount of a debt instrument on which interest is owed or earned; ...
Most life insurance policies are owned by the insured, causing the policy's face amount to be included in that person's estate at his or her death.
Principal can refer to an amount of money you invest, the face amount of a bond, or the balance you owe on a debt, aside from the interest.
A bond that is valued at more than its face amount.
Present value:
The value today of a future payment, or stream of payments, discounted at some appropriate interest rate.
The interest is calculated by taking the difference between the discount price, date of purchase, and the face amount (par) collected at maturity.
Generally a long term liability account containing the face amount, par amount, or maturity amount of the bonds issued by a company that are outstanding as of the balance sheet date.
A type of policy that pays a portion (typically 25% or 50%) of the death benefits (the face amount of the policy, less any outstanding loans or fees) in case of a specified illness or medical emergency.
Watch: Life Insurance ...
DISCOUNT LOAN - a loan on which the interest and/or charges are deducted from the face amount of the lo...
DISCOUNT MORTGAGE BROKER - A mortgage broker who claims to be compensated entirely by the lender rather...
The notional value of an off-balance sheet is the face amount of the position. For a derivative this is the amount of an underlying security with respect to which the derivative security is priced.
accepted by a bank that, by accepting, assumes the obligation to pay the holder of the draft the face amount of the instrument on the maturity date specified. They are used primarily to finance the export, import, shipment, or storage of goods.
A form of modified life insurance that provides for annual increases in premiums for a constant face amount of insurance during a defined preliminary period, with the purpose of making initial payments more affordable.
ENDOWMENT: In insurance, a policy that pays the face amount to the insured if living on the maturity date, or to a beneficiary if the insured dies before that date.
A life insurance policy provision that calls for an additional payment, usually equal to the face amount of the insurance, in the event of accidental death. also called accidental death benefit.
The borrower is liable for payment, as is the bank, which is the primary obligor, to pay the draft at its face amount on the maturity date.
Yield on a security sold at a discount--most notably T-bills. To calculate the annual yield, divide the discount by the face amount and multiply that number by the approximate number of days in the year divided by the number of days to maturity.
Negotiable time drafts, or bills of exchange, that have been accepted by a bank which, by accepting, assumes the obligation to pay the holder of the draft the face amount of the instrument on the maturity date specified.
"The difference between the higher price paid for a fixed income security and the security's face amount at issue."
`ameel
عميÙ" ...
Discount Loan
Definition: Loan on which the interest and financing charges are deducted from the face amount when the loan is made.
Yield To Maturity - The yield of a bond to maturity takes into account the price discount from or premium over the face amount.
EMBI Global Diversified: This limits the weights of countries with larger debt stocks by only including a specified portion of these countries' eligible current face amounts of debt outstanding.
Many publicly traded companies also issue stock options and when these are exercised the result is that the company issues additional shares in exchange for the face amount of the option.
"Current yield" is the interest rate bas ed on the actual purchase price of the bond, which may be higher or lower than the face amount.
Principal: The person for whom a broker executes an order or a dealer buying or selling for his own account. The term also may refer to a person's capital or to the face amount of a bond.
The issuer promises to pay the holder at maturity the face amount of the certificate, which is the return of capital plus accrued interest. Investors may also be able to get a surrender value if the certificate is presented prior to maturity.
The person for whom a broker executes an order, or dealers buying or selling for their own accounts. The term "principal" may also refer to a person's capital or to the face amount of a bond.top
Profit-taking ...
5% -- meaning that the bond pays interest each year equal to 5% of the face amount), and a term (e.g., 10 years -- meaning the bond matures 10 years from the designated issue date).
Paid-Up Additional Insurance - An option that allows the policyholder to use policy dividends and/or additional premiums to buy additional insurance on the same plan as the basic policy and at a face amount determined by the insured's attained ...
In the context of a bond or other debt instrument, it is the amount paid in excess of the face amount.
PREMIUM AT THE ISSUE OF SHARES Excess of issue value over par value in issuing corporate shares.
Principal amount The face amount of debt; the amount borrowed or lent. Often called principal. Principal only (PO) A mortgage-backed security in which the holder receives only principal cash flows on the underlying mortgage pool.
Back to top Premium The difference between the higher price paid for a fixed-income security and the security's face amount at issue. Back to top Price Target A projected price level as stated by an investment analyst or advisor.
 See also: Expense, Banks, Acquisitions, Values, Compensation
  
|
RSS
