MLchartDataset catalogue

Face amount

Term · Law · MLC-T-LAW-002022

The nominal value or stated value of a financial instrument, such as a bond, insurance policy, or promissory note, as printed on the document itself. This amount represents the principal sum to be paid at maturity or the death benefit of an insurance policy. It may differ from the market value or actual cash value of the instrument.

Table 1. Record
IdentifierMLC-T-LAW-002022
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002022",
  "term": "Face amount",
  "field": "Law",
  "definition": "The nominal value or stated value of a financial instrument, such as a bond, insurance policy, or promissory note, as printed on the document itself. This amount represents the principal sum to be paid at maturity or the death benefit of an insurance policy. It may differ from the market value or actual cash value of the instrument.",
  "url": "https://mlchart.com/terminology/law/face-amount/"
}

Record 1,920 of 5,441 in Law terminology (MLC-0107). Request the full dataset.