Face Amount
6 definitions

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The par value (i.e., principal, or maturity, value) of a security appearing on the face of the instrument.

FK Reading Ease
53.5

FK Grade Level
Middle School
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  • This definition has not yet been approved by a moderator.

    Commonly refers to the death benefit amount in the contract. The actual amount payable may be decreased by loans or increased by additional benefits payable under specified conditions or stated in a rider.

    FK Reading Ease
    28.6

    FK Grade Level
    College
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  • Also known as “Death benefit.”  This applies to life insurance. It is the money that an insurance company pays when an insured member dies.

    FK Reading Ease
    68.3

    FK Grade Level
    Elementary School
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  • The par value of a security appearing on the face of the instrument.

    FK Reading Ease
    57

    FK Grade Level
    High School
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  • The par value (i.e., principal or maturity value) of a security.

    FK Reading Ease
    47.7

    FK Grade Level
    Middle School
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  • The original maturity amount of a bond.

    FK Reading Ease
    30.5

    FK Grade Level
    High School
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