maturity date


noun Finance

the date on which a financial instrument, as a bond or loan, expires and becomes due: The applicant requested an extension of his loan for an additional term of three years from its maturity date.Bonds pay interest to investors from the date of issue up until their maturity date.

QUIZZES

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In our third teacher-created PSAT practice test there are new and unique vocabulary terms you may have never heard of! Can you guess what they mean?
Question 1 of 10
seclusion
Also called maturity .
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021