Mature

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Mature

To cease to exist; to expire.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Each Farmhouse Mature Cheddar is naturally matured and carefully monitored for more than nine months, and only the very best cheese will make the grade.
Matured for up to four months, the cheese is moulded and matured for six weeks, after which it is washed every two weeks in ale.
To meet this demand, technologies such as digital imaging matured allowing for faster development and access to the data resulting in more rapid and accurate diagnosis and deeper analysis of a patient's imagery.
Of the 32 properties with HUD mortgages that matured during the past 10 years, 16 have rental assistance contracts that continue to subsidize at least some units, and 10 of the remaining 16 that GAO was able to contact offer rents that are affordable to tenants with incomes below 50 percent of area median income.
As expected, overweight girls matured sexually earlier than normal weight or underweight girls.