maturity date

Definition

The date on which a debt becomes due for payment. also called maturity.

Use maturity date in a sentence

If you know that you do not have enough funds now you must do your best to get more before the maturity date.

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The maturity date was set to come in for next quarter so we had reviewed our overall position in our portfolio.

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The first of the savings bonds I had purchased as part of a payroll deduction program offered by my first employer have now reached their maturity date some thirty years later.

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bond indenture par yield curve