Maturity Date (Noun)
Meaning
The date on which an obligation must be repaid.
Classification
Nouns denoting time and temporal relations.
Examples
- The bond's maturity date was set for five years after its issue, giving investors ample time to receive returns on their investment.
- She checked the certificate to confirm the maturity date of her time deposit, which coincided with her vacation plans.
- The company struggled to meet the maturity date of its loan, given the declining sales and increasing debt.
- In order to avoid default, the company renegotiated the maturity date of its debt with the lender to gain a three-year extension.
- By closely monitoring the maturity dates of his fixed income investments, he ensured that he was optimizing his overall return.