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Date of maturity |
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Date of maturity. The date of maturity, or maturity date, is the day on which a bond's term ends, and its issuer repays the principal and makes the final interest payment. When the phrase is used in connection with mortgages or other personal loans, the date of maturity is the day your last payment is due and your debt is repaid. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The 10-year bonds will be converted either when Cemex's CPOs reach a certain price, or when the date of maturity is reached. You do not just invest your money into some business entity and forget about it till the date of maturity. The date of maturity must be stated on the promissory note, |
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