Maturity (noun) Definition, Meaning & Examples

noun
  1. the state of being mature; ripeness: The fruit will reach maturity in a few days.
  2. full development; perfected condition: maturity of judgment; to bring a plan to maturity.
  3. Finance.
    • the state of being due: There is always the danger that if you have to sell your home before maturity of your mortgage, you won't net enough cash from the sale to repay the loan in full.
    • maturity date: The loan has reached its maturity and must be paid back in full.
    • bonds and other investments having a fixed term: Some investors prefer short-term maturities to avoid tying up their money for a long period.
noun
  1. the state or quality of being mature; full development
  2. finance
    • the date upon which a bill of exchange, bond, note, etc, becomes due for repayment
    • the state of a bill, note, etc, when due
Maturity (noun) Definition, Meaning & Examples

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