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

In the case that it needs to delay payments on some securities that are maturing, expert groups have suggested in the past that Treasury could help markets to keep functioning by extending the so-called "operational maturity date."

From Reuters

Treasury can roll over maturing coupon securities on the maturity date without affecting its outstanding debt or remaining cash balance as long as it makes the coupon payment due on the same day, according to JPMorgan.

From Reuters

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

From Reuters

"I am happy to confirm that this had been rolled over on March 23," Dar told parliament, referring to the maturity date.

From Reuters

On Monday, the group said in a statement that it would prepay loans worth $1.1bn, taken using shares as collateral, ahead of their maturity date next year.

From BBC