What is the meaning of the word "face value"?

Definitions:

  1. Refers to the price or value printed on a ticket or voucher, which may be different from the actual market value or resale value of the item. copy to clipboard ADJECTIVE
    • He purchased a lottery ticket without realizing its face value of $10,000 until he checked the winning numbers. copy to clipboard
  2. Represents the original value assigned to the asset at the time of issuance or purchase, without considering any potential changes in value. copy to clipboard NOUN
    • The antique furniture was appraised at far below its face value due to its poor condition and extensive damage. copy to clipboard
  3. The nominal or stated value of something. copy to clipboard NOUN
    • The bond was sold at face value, meaning the buyer paid exactly the amount printed on the certificate. copy to clipboard
  4. The value of a currency as printed on the bank note or coin. copy to clipboard NOUN
    • The coin collector was thrilled to find a rare penny with a face value of only one cent, but worth thousands to collectors. copy to clipboard

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