Terms Beginning With 'm'

Maturity

  • January 15, 2020
  • Team Kalkine

Maturity is the date that has been agreed upon by the parties to a transaction or financial instrument later to which it ought to be renewed, or it will cease to exist. The term also defines the pre-decided date (where the term of a contract or agreement finishes) for the settlement or the payment of the full amount on a loan or bond back to the lender.

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