What is meant by Face Value of a share/debenture?

What is meant by Face Value of a share/debenture?

The nominal or stated amount (in Rs.) assigned to a security by the issuer.

For shares, it is the original cost of the stock shown on the certificate; for

bonds, it is the amount paid to the holder at maturity. Also known as par

value or simply par. For an equity share, the face value is usually a very

small amount (Rs. 5, Rs. 10) and does not have much bearing on the price

of the share, which may quote higher in the market, at Rs. 100 or Rs. 1000

or any other price. For a debt security, face value is the amount repaid to

the investor when the bond matures (usually, Government securities and

corporate bonds have a face value of Rs. 100). The price at which the

security trades depends on the fluctuations in the interest rates in the

economy.