Akademik

Maturity

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. The New York Times Financial Glossary

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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.