Definition of "face-value" [face-value]

• Alternative spelling of face value. (noun)

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• "As euro-zone leaders work to defuse the dangerous debt crisis that is raging at their periphery, more and more observers seem to believe that part of the solution should be a major cut in the face-value of outstanding Greek and possibly Irish government bonds."
• "The initiative looks simple at face-value but, as observers point out, it is very complex in nature and difficult to implement, often requiring a coalition of countries to do so."
• "Taken at face-value, the general story line is indeed standard enough Gothic fare, if somewhat modernized."