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26 July, 00:33

What is the principal amount of a bond that is repaid at the end of the loan term called?

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  1. 26 July, 02:29
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    Answer: Face value

    Explanation:

    Face value is one of the type of financial term that is use to describing the original and the nominal value of the security principle amount of the specific bond which is repaid at the time of ending of loan.

    The face value is basically refers to the value which is printed on any bond or bill in the form of value and it is basically appeared in the financial related documents.

    According to the given question, Face value is one of the principle amount that the customer should be repaid the given amount on the basis of the given terms and condition in the loan. Therefore, Face value is the correct answer.
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