If the borrower has been making payments during the loan term, the maturity date is the date that the final payment is due. What is the meaning of maturity date? The maturity date of a loan is the date on which the loan becomes due and must be paid in full. Terms can be short-, ...
The meaning of MATURITY is the quality or state of being mature; especially : full development. How to use maturity in a sentence.
The date on which payment of a financial obligation is due. In the case of a bond, the maturity date is the one on which the issuer must retire the bond by paying the face value of the bond to its owners. Shares of stock do not have specific maturity dates. ...
maturity date [ muh-choor-i-tee deyt, -toor-, -tyoor-, -chur- ] Phonetic (Standard)IPA noun ,Finance the date on which a financial instrument, as a bond or loan, expires and becomes due: The applicant requested an extension of his loan for an additional term of three years from ...
On the Initial TermLoan MaturityDate, all then unpaid Initial Term Loans shall be repaid in full in Dollars. The Borrower promises to pay on the Revolving CreditLoan MaturityDate, and there shall become absolutely due and payable on the Revolving CreditLoan MaturityDate, all of the Revolving Cr...
maturity date(def): The loan has reached its maturity and must be paid back in full. Usuallymaturities.bonds and other investments having a fixed term: Some investors prefer short-term maturities to avoid tying up their money for a long period. ...
Term Loans Maturity Datehas the meaning given to such term in Section 1.2(b) of theSummary of Credit Terms. Sample 1 Term Loans Maturity Datemeans March 31, 2003. --- Sample 1 Term Loans Maturity Datemeans November 21, 2018, or such earlier date on which the TermLoans shallbecomedue...
MATURITY DATE EXTENSION, AMENDMENT TO LOAN DOCUMENTS AND REAFFIRMATION AGREEMENT This MATURITY DATE EXTENSION, AMENDMENT TO LOAN DOCUMENTS AND REAFFIRMATION AGREEMENT (this “Amendment”) is made as of the 9th day of December, 2011 (the “Effective Date”), by and between WELLS FARGO BANK, N.A...
In other words, the contract and loan will mature in less than one year from when it was issued. Notes that mature in less than one year don’t typically state the maturity date on their face, but some do. Instead, the issuance date is written on the note contract along with the ...
Knowing the maturity date of a financial instrument is important because it informs when you can expect to receive payment and is essential to assessing the risk and return of an investment. In general, the longer the maturity, the greater the degree of price risk, meaning the bond price coul...