Face Value

What's the difference between "face value" and "denomination"?

For example - a bond has a face value of $100, - a bond can be purchased only in specific denominations. the most commonly used denominations are $1000. whats the difference between these two sentences? thank you~

Public Comments

1. A denomination is the amounts that something is offered in. For example, the denominations of US paper money are $1, $2, $5, $10, $20, $50, and $100. The face value is the amount of listed on one particular item. For example, the face value of this bond is $250 however was purchased for $125.