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Noun: face value  feys val-yoo
  1. The value of a security that is set by the company issuing it; unrelated to market value
    "The bond had a face value of $1,000, regardless of its trading price";
    - par value, nominal value
     
  2. The apparent worth as opposed to the real worth
    "He took the compliment at face value, not realizing it was insincere"

Derived forms: face values

Type of: color [US], colour [Brit, Cdn], gloss, merit, semblance, value, worth

Encyclopedia: Face value