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| WikiPedia definition of "face-amount" |
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Redirected from Face amount) ... Face value is the value of a coin, stamp or paper money, as printed on the coin, stamp ...
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An investment company which offers an Investment Certificate as defined by the Investment Company Act of 1940. A face-amount certificate (FAC) is a contract between an investor and ...
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Face-amount certificate company: an investment company in the business of issuing face-amount certificates of the installment type. Unit Investment Trust: an investment company which ...
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Policy holders age 65 and older (ages as low as 55 are possible) $50,000 minimum face amount; Policy active minimum of two years; Low cash surrender value; Premiums less than 8% per annum ...
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A fourth and lesser-known type of investment company under the Investment Company Act of 1940 is a Face-Amount Certificate Company. See also. Holding company; Investment trust
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The face amount on the policy is the initial amount that the policy will pay at the death of the insured or when the policy matures, although the actual death benefit can provide ...
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With a typical whole life policy, the death benefit is limited to the face amount specified in the policy, and at endowment age, the face amount is all that is paid out.
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Commercial paper is an unsecured promissory note with a fixed maturity of one to 270 days. It is usually sold at a discount from face value. It is a money-market security issued by ...
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The notional amount (or notional principal amount or notional value) on a financial instrument is the nominal or face amount that is used to calculate payments made on that ...
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... contained .48375 troy ounce of gold and has a face value of only ten U.S. dollars, but the market value of the coin, due to its metal content, is now many times the face amount.
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