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Glossary   >   M   >   "Maturity" Definition            Maturity The date on which the principal or nominal value of a bond becomes due and payable in full to the holder. For a bond, the date on which the principal is required to be repaid. In an interest rate swap, the date that the swap stops accruing interest. 1. The length of time until the principal amount of a bond must be repaid. The capital repayment date of a bond.Also the end of the term of an endowment assurance policy. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Maturity \ The date on which the principal or nominal value of a bond becomes due and payable in full to the holder.

For a bond, the date on which the principal is required to be repaid. In an interest rate swap, the date that the swap stops accruing interest.

1. The length of time until the principal amount of a bond must be repaid.

The capital repayment date of a bond.Also the end of the term of an endowment assurance policy.