Date on which a bond matures, at which time the face value will be returned to the purchaser Sometimes the maturity date is not one specified date but a range of dates during which the bond may be repaid
(1) The last trading day of a futures contract (2) Date on which a bond matures, at which time the face value will be returned to the purchaser Sometimes the maturity date is not one specified date but a range of dates during which the bond may be repaid
The date on which the principal amount of a loan, bond, or any other debt instrument becomes due and is to be paid in full
Usually used for bonds Date that the bond finishes and is paid off Date on which the principal amount of a note, draft, acceptance, bond, or other debt instrument becomes due and payable
When a bond expires and the principal must be paid back in full The later the bond's maturity date, the greater the risk of it defaulting or being negatively impacted by a rise in inflation or interest rates See "Types of Bonds " BACK TO TOP
Date on which the face value and final interest payment of a fixed income security (for example, bond or note) is due and payable by the debt issuer For bonds, maturity can range from one day to 30 years or more
date on which a bond's principal is scheduled to be repaid to the investor and interest payments cease Minimum required distribution (MRD) - minimum amount of money that the IRS requires individuals to begin withdrawing from their retirement accounts (excluding Roth IRAs) beginning at age 70½ Money market fund - mutual fund that invests only in short-term debt securities, such as banker's acceptances, commercial paper, repurchase agreements, and government bills The fund's objective is to earn interest while maintaining a stable net asset value of $1 00 per share Money market funds, unlike bank savings accounts, are not insured by the FDIC or any other agency Mutual fund - pools of money that are actively managed by an investment company which offers equity shares in a portfolio of securities All shareholders participate in the gains or losses of the fund The shares are redeemable on any business day at the net asset value
Usually used for bonds The maturity date is the date that the bond finishes and is paid off
Date at which the face value and final interest payment of a fixed income security (for example, bond or note) is due and payable by the debt issuer For bonds, maturity can range from one day to 30 years or more
The date on which money in a CD account becomes available for use The Maturity Date is also the date upon which a CD account ceases to earn interest if it is not renewed for a subsequent term
The date on which the security matures is the day that the issuer must repay the amount borrowed plus interest to the holder of the note
The date at which the face amount of a Life Insurance policy becomes payable by reason of either death or endowment (LI)
Date on which a bond or other debt security expires and any outstanding principal is paid to bond holders