A credit market instrument that pays the owner the face value of the security at the maturity date and nothing before then is called a coupon bond.
Face value may be a money-related term utilized to describe the nominal or dollar value of a security, as expressed by its issuer. For stocks, the face value is the first cost of the stock, as recorded on the certificate. For bonds, it is the sum paid to the holder at development, typically in $1,000 denominations. The confront esteem of bonds is frequently alluded to as "par value" or basically "par." Face value describes the nominal value or dollar value of a security; the face value is stated by the issuing party.
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