denomination (redirected from Denominations)

Denomination

The stated value found on financial instruments.

Notes:

This term applies to most financial instruments with monetary values. The denomination for bonds and securities would be face value or par value. Whereas, for currency, the denomination would be the printed amount.

For example, when you go to the bank to withdraw $100, the teller may ask you in what denominations 5's, 10's, 20's, 50's, 100's, or some combination thereof.

See also: Face Value, Par Value

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Denomination

Corresponds to the face value of currency units, coins, and securities. An international transaction may be denominated in US dollars, for example, or in British pounds.

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denomination

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.