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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.
Face Value is the debut solo studio album by English drummer and singer-songwriter Phil Collins, released on 13 February 1981 by Virgin Records. [ 10 ] [ 11 ] After his first wife filed for divorce in 1979, Collins began to write songs during a break in activity from Genesis with much of the material concerning his personal life.
On eBay, these kinds of bills can sell for anywhere from $10 to $300. The lower the serial number, the more valuable the currency is considered to be; a bill with the serial number 00000001 could ...
Par value also refers to the official gold content of a currency. The Act to Amend the Par Value Modification Act of 1973 of September 21, 1973 lowered the par value of the dollar against gold from $35 to $42.2222 where it remains today. This is why the face value of a 1 oz gold coin is $50, reflecting the par value of the dollar in gold.
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]
Face (sociological concept) Face is a class of behaviors and customs, associated with the morality, honor, and authority of an individual (or group of individuals), and its image in social groups. Face refers to a sociological concept in general linked to the dignity and prestige that a person has in terms of their social relationships.
Money illusion. In economics, money illusion, or price illusion, is a cognitive bias where money is thought of in nominal, rather than real terms. In other words, the face value (nominal value) of money is mistaken for its purchasing power (real value) at a previous point in time. Viewing purchasing power as measured by the nominal value is ...
Book value. In accounting, book value is the value of an asset [1] according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset. Traditionally, a company's book value is its total assets [clarification needed] minus ...