nominal value

American  

noun

1. book or par value, as of securities; face value.

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nominal value British  

noun

1. another name for par value

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Etymology

Origin of nominal value

First recorded in 1900–05

Example Sentences

"Ford shares will be transferred to the Joint Venture for a nominal value," the company said, adding that it retains the option to buy them back within a 5-year period "should the global situation change".

From Reuters • Oct. 26, 2022

Treasuries, for example, are highly likely to retain their nominal value.

From New York Times • Mar. 5, 2021

This way, governments might be able to avoid a reduction to the nominal value of the debt, known as a haircut, the document adds.”

From The Guardian • Aug. 13, 2015

That is to reduce the interest rate on its debts to the eurozone and extend the repayment period without actually cutting the nominal value of the debt to be repaid.

From BBC • Jan. 26, 2015

The troops were paid in paper money at its nominal value.

From The Student's Life of Washington; Condensed from the Larger Work of Washington Irving For Young Persons and for the Use of Schools by Irving, Washington