Another name for the principal amount of a bond is:

Question

Quizplus · Accepted Answer

The principal amount of a bond is also commonly referred to as its maturity value, which is the face value of the bond that the issuer promises to pay the bondholder at the bond's maturity date. This is the amount that the bondholder will receive after holding the bond until maturity, in addition to any interest payments that may have been made over the life of the bond. The other answer choices are not synonymous with the principal amount of a bond.

Another Name for the Principal Amount of a Bond Is