FACE VALUE Definition

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FACE VALUE is the value printed or written on the face of a asset, e.g. on a bill or bond.

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VEST / VESTING / VESTED, in law, is to give a secured right of present or future award. An entity has a vested right to an asset that cannot be taken away by a third party, even if physical possession of the asset has not yet been realized.

UNLIQUIDATED can mean: not liquidated; not exactly ascertained; not adjusted or settled.

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