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The face value, sometimes called nominal value, is the value of a coin, bond, stamp or paper money as printed on the coin, stamp or bill itself [1] by the issuing authority. The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear any relationship to the face value.
Prima facie (/ ˌ p r aɪ m ə ˈ f eɪ ʃ i,-ʃ ə,-ʃ i iː /; from Latin prīmā faciē) is a Latin expression meaning "at first sight", [1] or "based on first impression". [2] The literal translation would be "at first face" or "at first appearance", from the feminine forms of primus ("first") and facies ("face"), both in the ablative case.
In the ordinary course of life, we necessarily take others at face-value, [30] and use ideal types/stereotypes to guide our daily activities; while institutions too can rely on the superficial consensus of groupthink [31] to preclude deeper investigation. Some circumstances however necessitate a shift from superficial to extensive processing.
The fact–value distinction is closely related to, and derived from, the is–ought problemin moral philosophy, characterized by David Hume.[3] The terms are often used interchangeably, though philosophicaldiscourse concerning the is–ought problem does not usually encompass aesthetics. [4] David Hume's skepticism. [edit]
Present value. In economics and finance, present value ( PV ), also known as present discounted value, is the value of an expected income stream determined as of the date of valuation. The present value is usually less than the future value because money has interest -earning potential, a characteristic referred to as the time value of money ...
Duration (finance) In finance, the duration of a financial asset that consists of fixed cash flows, such as a bond, is the weighted average of the times until those fixed cash flows are received. When the price of an asset is considered as a function of yield, duration also measures the price sensitivity to yield, the rate of change of price ...
The absolute value of a number may be thought of as its distance from zero. In mathematics, the absolute value or modulus of a real number , denoted , is the non-negative value of without regard to its sign. Namely, if is a positive number, and if is negative (in which case negating makes positive), and . For example, the absolute value of 3 is ...
By pure definition, one horsepower is the power needed to lift 550 foot-pounds one foot off the ground in exactly one second. ... This may be understood for its face-value definition as the U.S ...