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01:02 Nov 15, 2013
German to English translations [PRO] Bus/Financial - Finance (general)
German term or phrase:Nennwert
I have used Nennwert before to mean 'face value'/'par value', but without a currency symbol with it it doesn't seem to fit right:
"42 500 Stück Teilschuldverschreibungen Buchstabe A zu je RM 1000 - Nennwert Nr. 1 - 42 500"
From the context and the numbers involved it sounds like they are giving each partial debenture an issue number, but that's different to how I've seen Nennwert used before.