Posted in Maturity Date
The date where a security, note, draft, or other debt instruments becomes due and payable to the investor. Usually, interest payments should stop during the maturity date. The maturity date also marks the full repayment for installment loans. This date is important for investors because it gives them a time frame when to expect the principal back and the length of interest rate payments. There are different kinds of treatments for maturity dates such as serial maturity, series maturity, and term maturity.
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