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It does not agree to pay the face amount of the policy plus the investment value.
Either way, the usual procedure is to pay the full face amount.
During this period, the bond increases in value and becomes worth at least its face amount.
So the option face amount needs to be altered to take the extra interest into account.
The face amount would be deducted from the customer's bank account.
Option B pays the face amount plus the cash value.
Yesterday's pricing placed the total face amount of the bond offering at about $2.2 billion.
The offering has a face amount of $3 billion with proceeds expected to total $1.4 billion.
It offered to pay the full face amount and all accrued interest, plus legal fees.
He eventually acquired control of $630 million in face amount of the bond issue.
The face amount is indexed, so it amounts to quite a sum.
These puts give investors the right to sell the bonds back at their face amount in the event of a takeover.
What actually happens is that a life insurance company agrees to pay the face amount of the policy in the event of death.
That way, even if the bond's market value goes down in the meantime, holders will get the face amount back at maturity.
Rarity has made them appreciate so inordinately in value that they are now actually worth their face amount.
In that period, the firm worked on some 98 different bond issues, totaling more than $3 billion in face amount.
Moreover, accounting fees that even the smallest bank has to face amount to a considerable additional cost.
The printout had red wax seals and the face amount was five times that of any document already on the table.
The revised offer represented an increase in the face amount of 12 percent debentures from the originally proposed $29, the company said.
I read recently that the $200 billion of face amount in telecom bonds are trading at around $44 billion.
With the backing of insurance companies, they post bonds, for which customers have traditionally paid one-tenth the face amount.
The $15,000 difference between face amount and the amount of cash received by the borrower is the premium.
Monetary assets, such as cash, mortgages, and notes, are valued at the face amount, unless another value is clearly established.
Do I stop with the face amount?"
- Difference between the face amount and the decedent's basis in an installment sales obligation.