Mature

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Mature

To cease to exist; to expire.

Maturity

The time when the issuer of a bond or other debt security must repay the principal or when a borrower must repay a loan in full. For example, if a company issues $1 million in bonds with a maturity of 10 years, the company must repay $1 million to bondholders 10 years after the issue. The amount owed at maturity is usually the same as the debt or loan's face value. After maturity, the loan or debt ceases to exist, assuming all parties have fulfilled their obligations. See also: Expiration.
References in periodicals archive ?
Average Annual Non-Retirement Savings Stand at $16,000: According to the MainStay survey, most GenX and Boomer investors are disciplined savers, putting money into an investment/savings account (other than their company retirement plan) on a much more regular basis than Matures.
Among Boomers and Mature respondents with grandchildren, Matures tend to be slightly more generous with education contributions, on average, than Boomers, with the average Mature grandparent expecting to contribute roughly $17,000 vs.
The three primary demographic groups - GenXers, Boomers and Matures - have taken dramatically different approaches to managing their liquid assets in the past year, according to the Fourth Annual Across Generations Survey released today by the MainStay division of New York Life Investment Management LLC (NYLIM).
USD$155,000,000 2000-G, floating rate, matures 10/5/05;
Matures most prefer the tax-advantaged investing of 529s and
The company further announced that it is Elk's intention to pay off out of available cash on March 1, 2004, an outstanding SBA debenture in the amount of $430,000 that matures in March, 2007.
Textron's new conduit loan to SF-II will mature in 2014 and bears interest at a fixed annual rate of approximately 7.
Tranche A is a $200 million revolver that matures in June 2004, tranche B is a $525 million revolver that converts to a 2-year term loan maturing in June 2004 and Tranche C is a $275 million Canadian facility that amortizes over five years beginning in June 2004.
One-third of Baby Boomers and one-fourth of Matures agree that college costs are getting out of hand.
The new term loan matures in June 2004, has a two-year extension option and bears interest at LIBOR plus 1.
The first is the renewal of the existing $91 million revolving credit facility, which matures on Oct.