Akademik

maturity

The period during which a futures contract can be settled by delivery of the actuals; i.e., the period between the first notice day and the last trading day. Also, the due date for financial instruments. The CENTER ONLINE Futures Glossary

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For a bond, the date on which the principal is required to be repaid. In an interest rate swap, the date that the swap stops accruing interest. Bloomberg Financial Dictionary

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Period within which a futures contract can be settled by delivery of the actual commodity; the period between the first notice day and the last trading day of a commodity futures contract. Chicago Mercantile Exchange Glossary

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The final date on which the capital value of a bond is redeemed. Dresdner Kleinwort Wasserstein financial glossary

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Term used to describe the period when an investment comes to end, and, in the case of bonds, loan stock, or debentures, when the nominal capital is repaid to the holder. Also known as redemption. Financial Services Glossary

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The date on which the principal or nominal value of a bond becomes due and payable in full to the holder. LIFFE

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maturity ma‧tu‧ri‧ty [məˈtʆʊərti ǁ -ˈtʊr-] noun maturities _PLURALFORM

1. [countable, uncountable] FINANCE INSURANCE the time when a financial arrangement such as a bond or an insurance policy becomes ready to be paid:

• With an individual Treasury bond you are guaranteed to get all your money back at maturity.

• money-market instruments of very short maturities
— see also yield to maturity

2. [uncountable] ECONOMICS when an industry or market has stopped growing as fast as before, and there are fewer competitors etc:

• Western economies have reached maturity for insurance cover for goods and property.

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The length of time between the issue of a security and the date on which it becomes payable in full. Most bonds are issued with a fixed maturity date. Those without one are known as perpetuals.

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maturity UK US /məˈtjʊərəti/ US /məˈtʃʊərəti/ noun

► [C or U] (plural maturities) FINANCE, INSURANCE the time when an investment or insurance product becomes ready to be paid: »In the next year about 20 investment trusts will reach maturity.
on/at maturity »There is no extra tax when the policy pays out on maturity.
prior to/before maturity »Closing the account before maturity will result in 90 days' loss of interest.
a maturity of 60 days/3 years, etc. »The shares have an exercise price of $27.50 per share and a maturity of three years.
»These deposits are for a range of maturities from overnight to one year.

► [U] ECONOMICS a stage in the development of a market or industry when it is not new and is not likely to grow quickly in the future: »Eventually, all technologies reach maturity as growth slows and markets become saturated.
»He insists that the growing maturity of the games industry is not stifling creativity.

► [U] the quality of being older or an adult, and behaving in a reasonable way like an adult: »She brings experience and maturity to the job.

→ See also YIELD TO MATURITY(Cf. ↑yield to maturity)

Financial and business terms. 2012.