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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.

Etymology

Origin of maturity date

First recorded in 1970–75

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.