maturity date
- noun
- /məˈtʃʊrɪti deɪt/
- Specialized
- The maturity date of your savings bond determines when you can cash it in for full value.
- different maturity dates
Examples
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The option is called American if it can be exercised at any time up to the maturity date.
Academic text (1991) -
Commercial banks also gained because, when property was transacted prior to the maturity date of mortgage agreements, the realized interest that the banks received was much higher than the mortgage interest.
Academic text (2001) -
In effect, by virtue of the maturity dates, the official sector will have subordinated itself to new (short and medium term) private sector lending.
Blog text (32) -
ISDA also introduced contract standardization for maturity dates and premium payments (the fixed rates that determine the amount of the periodic payment).
Academic text (2016) -
Her daughter contributed $5,000 for an insurance education savings scheme promising to give her $20,000 when she reaches 19 years old, and all she got was $1,000 on the maturity date!
Blog text (33) -
The difference is that a self-canceling installment note has a fixed maturity date, whereas the private annuity continues until death or to a fixed period extending beyond the seller's life expectancy.
Academic text (1999) -
If the fixed maturity date on a purported self-canceling installment note exceeds the seller's life expectancy, it is treated as a private annuity.
Academic text (1999) -
You need to pay off the loan by its maturity date to avoid penalties.
-
Investors should be aware of the maturity date for each bond they purchase.
Synonyms
The date when you must pay something
The date when a loan or bond must be paid back in full
Surface Forms
Morphology
The meaning 'the date on which a financial obligation must be repaid' is directly and compositionally derived from combining 'maturity' (the time when something becomes due or reaches maturity) with 'date' (a calendar day). This noun–noun compound follows regular English composition patterns and is cross-linguistically transparent, so a B1 learner who knows both constituents can infer the meaning.
Etymology
The term maturity date comes from the image of fruit getting ripe: maturity means being fully grown and date means the day. So, it is the day the loan or bond must be 'repaid'.