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maturity date

[ muh-choor-i-tee deyt, -toor-, -tyoor-, -chur- ]
/ məˈtʃʊər ɪ ti ˌdeɪt, -ˈtʊər-, -ˈtyʊər-, -ˈtʃɜr- /
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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.
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Also called maturity .

Origin of maturity date

First recorded in 1970–75
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use maturity date in a sentence

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