Although accounting rules often permit banks to price these assets at face value, it is generally believed that the fundamental value of many toxic assets has fallen significantly below face value.

The alternative is to cut the face value of Greece s debt.

Even if the asset pool declines in value, the fund s managers keep the value of each share at 1.00 by rounding upward the fund s real value.

Inflation has caused the face value of coins to fall below the hard currency value of the historically used metals.

If we take this metaphor at face value, there is a surprising consequence.

The share of gross value added generated by the agricultural and services sectors in the total gross value added of the region is above the national average in 2000, whereas the share of industry is below.

Over the five years ending in March 2013, EDF lost 85 of its share value.

Suppose that the bank has assets with long maturity and a face value of 1.2 billion but whose current economic value is only 1 billion.

For example, one version of the A380 has 51 American content in terms of work share value.

Alternatively, the debt holders can agree to reduce the face value of debt, in exchange for some warrants.

And, with the face value of the debt unchanged, the psychological drag on expectations and investment might linger.

The original copper coins ( as ) had a face value of one Roman pound of copper, but weighed less.

As a result, its exports contain an ever increasing share of imported goods and services and the share of domestic value added in its exports per unit of output is rapidly declining.

Unfortunately, many countries have already signed bad contracts that give a disproportionate share of the resources value to private foreign companies.

The indispensible first step, however, is a deep write down of Greek debt to less than half its face value.

America s credibility, already low in Yemen, has hit rock bottom its leaders words are no longer taken at face value.

The value of improvisation in the face of novel threats does not imply that existing rules should be peremptorily discarded.

I immediately sell that bond in the market, for 0.91, so I get 9.1 million ( 0.91 x 10 million at face value).

We all share the same responsibility to advance work in the disarmament machinery, as we all face the same threats and challenges.

Likewise, the world s largest nuclear builder the French state controlled company AREVA lost up to 88 of its share value between 2008 and 2012.

This can be accomplished in two ways sharply cutting the interest rate paid by Greece, or reducing the face value of the debt.

And others have been far too willing to accept at face value submissions from countries where the rule of law is routinely abused.

Interestingly, I heard this point at a WPP Stream unconference in Phuket, Thailand, where a couple of hundred people had flown thousands of miles to meet face to face to share ideas and strengthen working relationships.

In Africa, the share of manufacturing exports of about 30 per cent in 2000 represented an increase of only 10 percentage points compared with the 1980 share, while the continent's share of world merchandise exports fell from 6.3 per cent in 1980 to 2.5 per cent in 2000 in value terms.

So, if Latin American countries wanted to export higher value added goods, they would face significantly higher tariffs, undermining their competitiveness in Asian markets.

These are economies that, even a decade ago, were losing market share to China and Asia, owing to their labor intensive and low value added exports.

Individuals who are never criticized by companions whom they trust, and with whom they share a basic value orientation, have a hard time remaining mentally balanced.

The share of developing countries' trade increased from 18.5 per cent in 1990 to 22.5 per cent in 2004, with an export value worth 485 billion.

I borrow, at face value, 10 million of the Greek government s 2016 bond, which is then trading at 0.91, from Goldman Sachs for six months.

Diana might have had a better life in the US, where people and the media are more ready to accept good intentions at face value.

China, meanwhile, with foreign reserves worth half its total output, denies with a straight face that it is deliberately manipulating the value of the renminbi.

Supermarkets accounted only for 10 per cent of the market, although both their share and their value are expected to grow rapidly in the years to come.

Taken at face value, it seems to suggest that governments have all but abandoned their commitments to the World Trade Organization and the multilateral trade regime.

In the final analysis, however, adding value to raw materials is the only proven and sustainable way of creating wealth and securing a greater share in export markets.

We share the Secretary General's positive assessment of the concept of quick wins as being capable of bringing added value to our efforts in fighting poverty and hunger.

And yet, in the end, Greece had little choice but to restructure its debt, cutting the value of private claims by about 75 relative to their face value (although even this is probably not enough to make the country s debt burden sustainable).

But, after so many disappointments, China cannot accept at face value the assurances of European politicians, which even they themselves do not know whether they can redeem.

The Argentine Government undertook a first debt swap in June 2001 government bonds with a face value of 29.5 billion were voluntarily exchanged for longer term instruments.

In his 1908 essay Der moderne Denkmalkultus (The modern cult of monuments) he describes historical value, artistic value, age value, commemorative value, use value, and newness value.

Although this plan would prop up the value of the financial system as a whole, it would still allow market forces to determine relative share prices of individual banks.

There are many examples of big as well as smaller TNCs successfully pursuing a proactive approach towards increasing the share of local value added in their production (UNCTAD 2001).

They bought the old bonds at a fraction of their face value, and then used litigation to try to force Argentina to pay 100 cents on the dollar.

The final tab on the toxic mortgage bailout and other assets is likely to be a larger percentage of a larger amount, but still far less than the face value of the loans, because the underlying assets will in many cases retain considerable value.

Thank you. So Steve Jobs had always believed in simplicity and elegance and beauty. And the truth is, for years I was a little depressed because Americans obviously did not value it, because the Mac had three percent market share and Windows had 95 percent market share.

Indeed, for France s political leaders, business amounts to a zero sum competition to capture a higher share of total value added for owners and managers, at the expense of labor.