Maturity

Business, Legal & Accounting Glossary

Definition: Maturity


Quick Summary of Maturity


The date on which a liability is due for repayment.



What is the dictionary definition of Maturity?

Dictionary Definition


n.

  1. the date when the payment of the principal amount owed under the terms of a promissory note or bill of exchange becomes due. Quite often a note states that failure to pay interest or instalment payments when due “accelerates” the note, making the “maturity date” immediate if such payments are demanded and not paid.
  2. the age when one becomes an adult, which is 18 for most purposes.
  • The state of being mature, ready or ripe
  • When bodily growth has completed and/or reproduction can begin
  • countable, finance Date when payment is due

Synonyms For Maturity


mature, term, adulthood, period, deadline

Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/maturity/
Modern Language Association (MLA):
Maturity. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. May 25, 2020 https://payrollheaven.com/define/maturity/.
Chicago Manual of Style (CMS):
Maturity. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/maturity/ (accessed: May 25, 2020).
American Psychological Association (APA):
Maturity. PayrollHeaven.com. Retrieved May 25, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/maturity/

Definition Sources


Definitions for Maturity are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 2 Views.