The phrase
"than the face value" means that something is worth more than its original or nominal price.
Full definition
Your creditor may be willing to accept
less than the face value of your debt in order to avoid the cost and hassle of a full trial.
In this situation, the benefits that will be paid out are equal to the accrued cash value, and may be higher or
lower than the face value of the policy.
Our goal is to help you get out of debt as fast as possible by negotiating with your creditors to get them to accept significantly less
than face value on your unsecured debts.
If you don't want to hold the bond until the maturity date and decide to sell it on a secondary market, you may get a lower
price than the face value.
Of course, for those of us who love our print publications, we know there has always been much more to their
appeal than the face value of their content.
If you paid
more than face value for the bond, which is the case for just about any bond purchase today, you eat the difference.
Because bond prices increase when yields fall, these bonds are now trading at a premium (that is, their price is
higher than their face value).
You may not technically lose money because of this — the issuer usually gives you a little more
than face value if it retires a bond early.
The cash was worth even more
than the face value as my husband took it to CVS and used some heavy - weight coupons and his clever math strategery to maximize the number of diapers he brought home.
One major advantage whole life has is that, while premiums for both products are much higher than a standard term policy, whole life provides protection for your entire life and potential dividends from these polices can build you cash value quickly and accumulate amounts
greater than the face value.
I know CR7 is a far more important player to them than Santi is to us, but finding his replacement would be a very difficult task, I just don't understand the need for us to complicate our transfer window because we're getting # 5 - 10m
extra than his face value (according to you anyway).
The constant barrage of pop culture takedowns and rude behavior in general make it a little harder to accept (at anything
other than face value) the «heart» portion of Deadpool 2, which consists mostly of the Firefist father - figure storyline (eerily similar to last year's Logan) and Wade's one - dimensional relationship with fiancée Vanessa (Morena Baccarin).
Our results indicate that like many types of structured products, DDs tend to be priced at a significant premium to present value across issuers and underlying securities and that the present value of the decomposition is
smaller than the face value net of commissions.
Mark Solon discusses the limitations of CCTV evidence and why expert witnesses and lawyers may need to look a little
deeper than face value to make the most of the evidence at trial.
Should you die while the policy is in force, your beneficiaries will receive not only your the initial face value as a death benefit, but also it's common for dividends to buy additional insurance by way of what are called «paid up additions», so the death benefit could actually be
higher than the face value at the purchase of the policy.
Additionally, your rewards points are worth more
than face value if you redeem them for travel expenses such as airfare, hotel stays, cruises and car rentals — but you must purchase them through the Citi ThankYou Travel Center.
You can find gift cards selling for less
than face value on sites such as CardCash, Cardpool and Raise.
Unless you have reached age 100, the cash value will generally be less
than the face value as most policies are designed to «endow» at 100 years of age.
It can be; however, the higher premiums and the low death benefit these types of policies have can easily become inverted and you could end up paying
more than the face value of the policy in premiums over time.
On a fundamental level, what all of this securitization of the mortgage market meant was that if homeowners defaulted on their mortgage, MBS & CDO holders would be holding a worthless security, and it would be for much more
than the face value of the mortgage.
He who controls the mint or the printing press, after all, realizes a profit by putting money into circulation (the term is seigniorage), since the cost of making a coin or banknote is usually less
than its face value.
For buyers, they typically purchase receivables at less
than face value and make a quick profit when those invoices are paid.
Buyers can bid on invoices, usually paying.5 percent to 3.5 percent less
than the face value of the receivables.
However, the creditors still get the short end of the financial stick: the face value of the common stock to be received will almost certainly be less
than the face value of the original debt.
If you buy a bond for less
than face value on the secondary market (known as a market discount) and you either hold it until maturity or sell it at a profit, that gain will be subject to federal and state taxes.
But potential tax implications get trickier with bonds purchased in the secondary market at a premium or discount — in other words, investors that paid more or less
than the face value of the bond.
If interest rates decline, however, bond prices usually increase, which means an investor can sometimes sell a bond for more
than face value, since other investors are willing to pay a premium for a bond with a higher interest payment.
If you borrow money to pay for them, those indulgences could end up costing you a lot more
than their face value.
Bidders are only willing to pay less
than the face value.
If the bond included a «call provision,» the issuer can redeem it early, too — in order to issue new bonds at a lower interest rate, for example — but usually pays you a little more
than the face value to do so.
If you hold out until the bond matured, you'll be paid the face value of the bond, even though what you originally paid was less
than face value.
If you pay more
than face value or have bought from a tout or an online ticket agency, your ticket will be invalid, and you are likely to be refused entry to the stadium or ejected.
«The idea that some of us would recoil in horror because the person sitting next to them paid less
than face value for their seat is absurd, and represents the very definition of elitism.»
And while many action movies exist for little more
than face value, there's a lot of subtext going on in Die Hard ranging from the realization of women's right to a career, to commentary on the ills of corporate power, to flashbacks of Vietnam.