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Idiom
Face value.
If you take something at face value, you accept the appearance rather than looking deeper into the matter.
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Boggs, a young artist who draws pictures of currency which he then attempts to sell for the face value of currency which he then attempts to sell for the face value of the note depicted, usually in a retail transaction..
Boggs, a young artist who draws pictures of currency which he then attempts to sell for the face value of currency which he then attempts to sell for the face value of the note depicted, usually in a retail transaction.
Similar(58)
Inflation fell to 4.2% in November.On January 1st, Turkey knocked six noughts off the face value of its currency: one lira is now worth 1m of the old ones.In this section Overview Stockmarkets Economy Financial markets Reprints.
His introduction of token currency, coins of baser metal with the face value of silver coins, however, failed dismally.
In 1993, the government offered him 15-year bonds with a face value of $340,000, but he refused to settle because the securities were denominated in Nicaraguan cordobas, a currency that has lost about half its value since then.
The first currency in Massachusetts was the first in the Western world, issued in 1690 with a total face value of £7,000.
Although the central bank has slashed 13 zeroes from the Zimbabwe dollar over the past three years, the currency is virtually worthless; the newest banknotes carry face values of up to $100 trillion.
Keep track of value of currency in your country.
Of about half a million pounds worth of currency at face value?
If the notes aren't spent, they can be renewed by buying a stamp that costs 2% of the note's face value – so over a year, the currency depreciates 8%.
Then the currency collapsed, falling from one-tenth of face value in March 1779 to one-fortieth in April 1780, prompting George Washington to complain that "a wagonload of currency will hardly purchase a wagonload of provisions".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com