Date of maturity - Definition

In finance, Maturity or maturity date refers to the final payment date of a loan or other financial instrument, at which point the Principal (and all remaining Interest) is due to be paid. With notes, drafts, Acceptance bonds and other debt instruments, fixed terms are set when the full principle must be repaid, and when interest payments stop. The date of maturity makes clear with investors can expect their principle back, and how Long they can expect interest payments. A serial maturity is when bonds are all issued at the same time but are divided into different classes with different, staggered redemption dates.



Terms near "Date of maturity"

Date of payment
Date of record
Dated date
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