face amount
[/feɪs əˈmaʊnt/]
nounpl: face amounts
valor nominal
1. The amount of money stated on the face of an insurance policy, bond, or other financial instrument that will be paid upon maturity or in the event of a claim
The face amount of the life insurance policy is $500,000.
O valor nominal da apólice de seguro de vida é de $500.000.
2. The principal amount of a bond or security as printed on the certificate, typically paid at maturity
The bond has a face amount of $1,000 and matures in 10 years.
O título tem um valor nominal de $1.000 e vence em 10 anos.
This is a technical financial term widely used in both Brazil and the United States in insurance and investment contexts. In Brazilian finance, 'valor nominal' is the standard term used in official documents and regulations. The concept is fundamental to understanding insurance policies, bonds, and other financial instruments in both countries.
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