due
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Due
Describing a debt or its maturity. For example, one may say that a $250,000 mortgage is due in 30 years, which means that the mortgage must be completely paid off 30 years from the time of that statement.
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due
Of or relating to an obligation or receivable that is outstanding and payable.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.