if a company issues $1 million in bonds with a maturity of 10 years, the company must repay $1 million tobondholders10 years after the issue. The amount owed at maturity is usually the same as thedebtor loan'sface value. After maturity, the loan or debt ceases to exist, assuming all...
Final Maturity has the meaning specified in Section 308. Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter. Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set...
Allan Mitchell, The Athletic, 8 Jan. 2025 The document stipulated that an equity capital raise needed to occur before the loan’s maturity date to trigger the conversion of the loan to equity. Jon Fortt,paige Tortorelli, CNBC, 7 Jan. 2025 See all Example Sentences for maturity Word...
maturity of judgment; to bring a plan to maturity. Finance. the state of being due: There is always the danger that if you have to sell your home before maturity of your mortgage, you won't net enough cash from the sale to repay the loan in full. ...
The maturity date of a loan is the date that the loan must be paid in full. 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 ...
When payments are received from borrowers that are larger than the authorized repayment schedules, the overpayment is credited to the final installments of the principal, which reduces the maturity of the loan and does not affect the original repayment schedule. ...
On the other hand, if pension payments are above the value of bonds that mature - meaning that maturities were too long for retirement patterns, contributions can cover the difference. From theCambridge English Corpus Moratorium interest at the appropriate market rate will accrue from the dates of...
The creation and maturity date of each Bankers' Acceptance shall be a Business Day and no Bankers' Acceptance shall have a maturity date later than the Revolving Loans Maturity Date orTerm Loans Maturity Date, as the case may be. The U.S. Term Loan shall be due and payable in twenty equ...
Loans:For a loan, the maturity date is the date upon which the principal amount of a loan becomes due and must be repaid to the lender. Derivatives:For a futures or options contract, the maturity date is the date at which the contract expires. ...
2. Shorter-Term Commitment:Balloon maturity loans typically have shorter terms, which means you can pay off the loan faster and potentially save on interest payments. However, it’s important to note that balloon maturity comes with its own set of considerations and risks. One major risk is th...