What is the meaning of Denomination?

Denomination is the face or par amount - nominally $1000 or $5000 but can be $100, 000 or more in the case of a note - that the issuer promises to pay at a specific bond or note maturity.

4
 
|15 years ago|378 views|share |citing 
APABarry Goldsmith. (2010). denomination. Retrieved September 21, 2026, from http://smartdefine.org/denomination/definitions/1151841
ChicagoBarry Goldsmith. 2010. "denomination" http://smartdefine.org/denomination/definitions/1151841 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, denomination, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/denomination/definitions/1151841>.
MLABarry Goldsmith. "denomination" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/denomination/definitions/1151841>
{ class="autoclick" }next definition (/)