Denomination(redirected from denominates)
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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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The face value of money or a bond. The denomination for a bond is most often $1000, which the par paid at maturity. Denominations on money indicate how much cash one has. For example, if one has a bill with a $10 denomination, this indicates that one has $10.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.