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Term to Maturity |
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Term to maturity The time remaining on a bond's life, or the date on which the debt will cease to exist and the borrower will have completely paid off the amount borrowed. See: Maturity. Term to Maturity The amount of time that must elapse before a contract expires. The term to maturity can greatly affect the price of an option or futures contract. It is also called time to expiration. See also: Time value premium.
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