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Finance Dictionary and Glossary of Investment Terms
Maturity
Definition 1.
1. The length of time until the principal amount of a bond must be repaid. 2. The end of the life of a security.
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Definition 2.
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.
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Definition 3.
The date on which a debt becomes due for payment. also called maturity date.
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Definition 4.
Maturity is the date on which the bond''s principal must be repaid. Note that this is the face amount, regardless of what you might have paid for the issue.
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