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What is a maturity date in finance?
Curious about Maturity date
In finance, the maturity date refers to the date on which a financial instrument, such as a bond, loan, or certificate of deposit (CD), comes due and must be repaid or redeemed. It is the date when the principal or face value of the instrument is paid back to the investor or lender, along with any interest that has accrued over the life of the investment. The maturity date is specified in the terms and conditions of the financial instrument and is an important factor in determining the overall return and risk associated with the investment.
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