maturity date

American  

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

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.

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Etymology

Origin of maturity date

First recorded in 1970–75

Example Sentences

For a lender, it can still mean years of visible contractual cash flow sitting in front of the maturity date.

From Barron's

Companies such as Savers Value Village, Elanco Animal Health and Hovnanian Enterprises are taking liquidity while it is available, rather than waiting closer to the maturity date on their loans.

From The Wall Street Journal

The company has changed management and restructured loans by delaying interest payments and extending maturity dates.

From The Wall Street Journal

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.

From MarketWatch

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

From Salon