Face Value

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Face value refers to the nominal or printed monetary value of a security, such as a stock certificate, bond, or piece of currency. It does not necessarily reflect the current market value of the security.
The face value of the stock is $10 per share, but it is currently trading at $15 per share on the stock market.
There isn't a specific legal case for face value, but it's a financial concept relevant to contracts and securities.
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Frequently Asked Questions

Is the face value the same as the market value?

No, the face value is the printed value, while the market value is the price at which a security can be bought or sold in the market, which can fluctuate.

Can a security be sold for more than its face value?

Yes, if the market value is higher than the face value, the security can be sold for a profit. Conversely, it could be sold for less than face value.

What factors affect the market value of a security?

The market value of a security is influenced by factors such as the issuer's financial health, overall market conditions, and supply and demand for the security.

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