Maturity date

Maturity date

Maturity date is a finance term referring to the date when a principal amount of a note, draft, acceptance bond, or other debt instrument becomes due or payable. It is also a termination or due date on which an installment loan must be paid in full. For example, a bond due to mature on January 1, 2010, will return the bondholder's principal and final interest payment when it reaches its maturity date.

A "serial maturity" is when bonds are all issued at the same time but come due on different staggered redemption dates. A "series maturity" is when bonds come due on different dates staggered apart because they were issued at different times. A "term maturity" date is when all bonds issued come due at the same time.


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  • maturity date — n. The date on which a note or other commercial obligation comes due. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • maturity date — The date a financial instrument s contractual term expires. The date on which the principal or last principal payment on a debt is due and payable. For mortgage related securities, see final distribution date and final maturity. American Banker… …   Financial and business terms

  • Maturity Date — The date on which the principal amount of a note, draft, acceptance bond or other debt instrument becomes due and is repaid to the investor and interest payments stop. It is also the termination or due date on which an installment loan must be… …   Investment dictionary

  • maturity date — The date on which a document, such as a bond, bill of exchange, or insurance policy, becomes due for payment. In some cases, especially for redeemable government stocks, the maturity date is known as the redemption date. See also: redemption …   Accounting dictionary

  • maturity date — The date on which a document, such as a bond, bill of exchange, or insurance policy, becomes due for payment. In some cases, especially for redeemable government stocks, the maturity date is known as the redemption date. See also redemption …   Big dictionary of business and management

  • Maturity date —   Date on which the principal amount of a note, draft, acceptance, bond or other debt instrument becomes due and payable. Also, termination or due date on which an instalment loan must be paid on full.   The date when there is a change in… …   International financial encyclopaedia

  • maturity date — date when something must be paid (i.e. a loan, bill, etc.) …   English contemporary dictionary

  • Maturity date and amount collected —   An ISO term. The maturity date of the collection and the amount paid by the drawee. 6n 35x or 6n 3a32d or 2*35x …   International financial encyclopaedia

  • maturity date — noun the date on which an obligation must be repaid • Syn: ↑maturity, ↑due date • Hypernyms: ↑date, ↑day of the month …   Useful english dictionary

  • maturity date — /mə tʃυərɪti deɪt/ noun a date when a government stock, an assurance policy or a debenture will become due for payment. Also called date of maturity …   Dictionary of banking and finance

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