maturity date

[muh-choor-i-tee deyt, -toor-, -tyoor-, -chur-]

noun

Finance

1. 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.

Word History and Origins

Origin of maturity date¹

First recorded in 1970–75

Example Sentences

You could use something similar, like high-yield savings accounts or laddered CDs where the maturity dates expire every few months, or you could stick with an account like your Roth where you’d make withdrawals tax-free.

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Bonds have maturity dates, which means you can cash them in and get your principal back.

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The broker-dealer executive said the process was cumbersome because maturity dates subsumed several other calculations about the value of the security.

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T-bills do not pay regular interest payments because their maturity dates are very short.

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Dar did not give the new maturity date or other terms of the arrangement.

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