denomination

denomination definition - business

denomination

  1. The face value of a security. For bonds, it is usually $1,000 ($5,000 for municipals) or multiples thereof, and for stock it is the par value.
  2. The face value of currency.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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