Tag: face

What is 'Yield To Maturity (YTM)' Yield to maturity (YTM) is the total return anticipated on a bond if the bond is...

What is an 'Accelerated Death Benefit - ADB' An accelerated death benefit (ADB) is a benefit that can be attached to a...

What is 'Saitori' A member of the Tokyo Stock Exchange who facilitates the trading of securities by matching buy and sell orders....

What is a safe asset When it comes to investing, there are many different strategies that can be employed in order to achieve success. Some...

DefinitionA callable bond is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at...

What is 'Value Averaging' An investing strategy that works like dollar cost averaging (DCA) in terms of steady monthly contributions, but differs...

DefinitionValue date, in finance, is the date when the value of an asset that fluctuates in price is determined. The value date is used...

What is 'Vault Receipt' A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank,...

DefinitionPar value, in finance and accounting, means stated value or face value. From this come the expressions at par, over par and under par....

What is 'Above Par' A term used to describe the price of a security when it is trading above its face value....