Maturity Date

What is a maturity date?

Maturity Date Definition: The maturity date refers to when the principal amount of a loan or bond is due. This date is also considered the end of a term and often requires any principal amount remaining from a loan or debt, including accrued interest charges and other fees, to be paid in full.

In the case of an investment, the maturity date refers to when the total amount of the fund is paid, including interest income earned during the term period. The amount of interest accumulated during the term and before the maturity date often depends on the type of loan or investment. The maturity date may also be called or known as the termination date.

Jul 30 - Comparewise Mortgage Banner

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