| book or par value, as of securities; face value. |
| nominal value n. See par value. |
| par value n. The value imprinted on a security, such as a stock certificate or bond, used to calculate a payment, such as a dividend or interest; face value. Also called nominal value. |
Nominal Value
The stated value of an issued security that remains fixed, as opposed to its market value, which fluctuates.
Investopedia Commentary
When referring to fixed-income securities, the nominal value is also the face value. When referring to capital goods, nominal value is also referred to as "book value".
See also: Book Value, Face Value, Fixed Income Securities, Market Value, Real Rate of Return