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What is a face value?

What is a face value? Here are some definitions.

Noun
  1. The amount or value listed on a bill, note, stamp, etc.; the stated value or amount.
  2. (idiomatic) No more or less than what is stated; a literal or direct meaning or interpretation.
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Examples
The Times article accepts the claims of military intelligence at face value.
Instead of taking a percentage cut of a bond's face value, some charge a flat fee.
If you're an extreme utilitarian, you might just accept the calculation at face value and waste the little guy.
The bank discount rate normalizes by the face value of the security and understates the true yield earned by investors.
In this game kings, queens and jacks are worth half a point each, and the numeral cards are worth their face value.
At their face value, these estimates indicate little evidence for directional selection.

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