In mortgage-backed bonds, the par value of the bond on the day it is issued. Since these bonds pay both principal and interest periodically, the original face reduces over time. On a given date it is referred to as current face.
Related information about original face:
- Original face - Wikipedia, the free encyclopedia
The original face is a term in Zen Buddhism, pointing to the nonduality of ... of anything good and anything bad, at that moment, what is your original face?
- Original Face Definition | Investopedia
The par value of a mortgage-backed security at the time it is issued. Unlike most other types of bonds, mortgage-backed securities return both principal and ...
- Green Koans Case 12: The Original Face | Tricycle
Sep 19, 2010 ... Original Face/Original Self – The term appears most famously in Case 23 of the koan collection Mumonkan, or “Gateless Gate,” in which the ...
- Shambhala Sun - Quick! What is Your Original Face?
John Tarrant reviews "Blink: The Power of Thinking Without Thinking", by Malcolm Gladwell.
- What is original face? definition and meaning
Definition of original face: In mortgage-backed bonds, the par value of the bond on the day it is issued. Since these bonds pay both principal and interest ...
- Your Original Face
Mar 28, 2011 ... The original face is you, without stories, games, or excuses. It's you, without trying to define yourself. It's who you are, as you are.
- The Worlds Original Face — Home
TWO Face London Independent urban clothing label, hailing out of England.
- Original face value - Financial Dictionary - The Free Dictionary
Original face value. The principal amount of a mortgage as of its issue date. Original Face Value. The amount one borrows in a loan, especially in a mortgage .