Maturity


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.

Synonyms:
, , , / (said of a promissory note, etc.)


Look at other dictionaries:

  • maturity — ma·tu·ri·ty /mə tu̇r ə tē, chu̇r / n: termination of the period that a note or other obligation has to run: state or condition of having become due Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. maturity …   Law dictionary

  • Maturity — may refer to: Sexual maturity, the stage when an organism can reproduce, though it is distinct from adulthood Mature technology, a term indicating that a technology has been in use and development for long enough that most of its initial problems …   Wikipedia

  • Maturity — Ma*tu ri*ty, n. [L. maturitas: cf. F. maturit[ e].] [1913 Webster] 1. The state or quality of being mature; ripeness; full development; as, the maturity of corn or of grass; maturity of judgment; the maturity of a plan. [1913 Webster] 2. Arrival… …   The Collaborative International Dictionary of English

  • maturity — early 15c., maturity of character; mid 15c., ripeness, from M.Fr. maturité and directly from L. maturitatem (nom. maturitas) ripeness, from maturus ripe (see MATURE (Cf. mature) (v.)). Financial sense state of being due for payment is from 1815 …   Etymology dictionary

  • Maturity — The degree to which the lumen of the cotton fibre has been obliterated by the cellulose laid down in the walls of the fibre …   Dictionary of the English textile terms

  • maturity — [n] adulthood, full growth ability, advancement, capability, civilization, completion, cultivation, development, experience, fitness, full bloom, fullness, majority, manhood, maturation, matureness, maturescence, mellowness, mentality, perfection …   New thesaurus

  • maturity — ► NOUN 1) the state, fact, or period of being mature. 2) the time when an insurance policy, security, etc. matures …   English terms dictionary

  • maturity — [mə toor′ə tē, mə choor′ə tē, mə tyoor′ə tē] n. [ME maturite < L maturitas] 1. the state or quality of being mature; specif., a) a being full grown, ripe, or fully developed b) a being perfect, complete, or ready 2. a) a becoming due …   English World dictionary

  • maturity — The period during which a futures contract can be settled by delivery of the actuals; i.e., the period between the first notice day and the last trading day. Also, the due date for financial instruments. The CENTER ONLINE Futures Glossary For a… …   Financial and business terms

  • maturity — ma|tu|ri|ty [məˈtʃuərıti US ˈtʃur ] n [U] 1.) the quality of behaving in a sensible way like an adult ≠ ↑immaturity ▪ Beth shows a maturity way beyond her 16 years. ▪ One day you ll have the maturity to understand. 2.) the time or state when… …   Dictionary of contemporary English


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