Face value: related pages

A bond is a security that pays interest. The majority of bonds have a fixed life at the end of which the principal is returned.

A coupon is a single interest payment on a interest paying security such as a bond.

The nominal value of a share in terms of share capital as shown on the balance sheet.

1) The amount of a loan (or bond) excluding interest, 2) An entity for whom an agent acts.

A short term zero coupon government bond.

A bond which does not pay interest but it is instead issued at a discount to its face value.

The clean price of a bond is the dirty price less the accrued interest.

The dirty price of a bond is the actual amount paid to buy a bond. Unlike the clean price it is not adjusted for accrued interest.