maturity

maturity
ma·tu·ri·ty /mə-'tu̇r-ə-tē, -'chu̇r-/ n: termination of the period that a note or other obligation has to run: state or condition of having become due

Merriam-Webster’s Dictionary of Law. . 1996.

maturity
I noun adulthood, completion, consummation, culmination, due date, evolution, falling due, fulfillment, full age, full development, full growth, majority, matureness, maturitas, perfected condition, perfection, preparedness, readiness associated concepts: maturity of a debt, maturity of an obligation II index age, discretion (quality of being discreet), experience (background), finality, majority (adulthood)

Burton's Legal Thesaurus. . 2006


maturity
1) The date when the payment of the principal amount owed under the terms of a promissory note, bill of exchange, or bond becomes due.
2) The age when one becomes an adult, which is 18 for most purposes. (See also: age of majority)
Category: Business, LLCs & Corporations
Category: Small Claims Court & Lawsuits
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.

maturity
USA
In the case of a loan, the date on which the balance of the loan becomes due and payable in full to the lender.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

maturity
n.
   1) the date when the payment of the principal amount owed under the terms of a promissory note or bill of exchange becomes due. Quite often a note states that failure to pay interest or installment payments when due "accelerates" the note, making the "maturity date" immediate if such payments are demanded and not paid.
   2) the age when one becomes an adult, which is 18 for most purposes.

Law dictionary. . 2013.

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Synonyms:
, , , / (said of a promissory note, etc.)


Look at other dictionaries:

  • Maturity — may refer to: Sexual maturity, the stage when an organism can reproduce, though it is distinct from adulthood Mature technology, a term indicating that a technology has been in use and development for long enough that most of its initial problems …   Wikipedia

  • Maturity — Ma*tu ri*ty, n. [L. maturitas: cf. F. maturit[ e].] [1913 Webster] 1. The state or quality of being mature; ripeness; full development; as, the maturity of corn or of grass; maturity of judgment; the maturity of a plan. [1913 Webster] 2. Arrival… …   The Collaborative International Dictionary of English

  • maturity — early 15c., maturity of character; mid 15c., ripeness, from M.Fr. maturité and directly from L. maturitatem (nom. maturitas) ripeness, from maturus ripe (see MATURE (Cf. mature) (v.)). Financial sense state of being due for payment is from 1815 …   Etymology dictionary

  • maturity — [n] adulthood, full growth ability, advancement, capability, civilization, completion, cultivation, development, experience, fitness, full bloom, fullness, majority, manhood, maturation, matureness, maturescence, mellowness, mentality, perfection …   New thesaurus

  • maturity — ► NOUN 1) the state, fact, or period of being mature. 2) the time when an insurance policy, security, etc. matures …   English terms dictionary

  • maturity — [mə toor′ə tē, mə choor′ə tē, mə tyoor′ə tē] n. [ME maturite < L maturitas] 1. the state or quality of being mature; specif., a) a being full grown, ripe, or fully developed b) a being perfect, complete, or ready 2. a) a becoming due …   English World dictionary

  • Maturity — 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. The New York Times Financial Glossary * * * maturity ma‧tu‧ri‧ty [məˈtʆʊərti ǁ ˈtʊr ] noun maturities …   Financial and business terms

  • maturity — The period during which a futures contract can be settled by delivery of the actuals; i.e., the period between the first notice day and the last trading day. Also, the due date for financial instruments. The CENTER ONLINE Futures Glossary For a… …   Financial and business terms

  • maturity — ma|tu|ri|ty [məˈtʃuərıti US ˈtʃur ] n [U] 1.) the quality of behaving in a sensible way like an adult ≠ ↑immaturity ▪ Beth shows a maturity way beyond her 16 years. ▪ One day you ll have the maturity to understand. 2.) the time or state when… …   Dictionary of contemporary English

  • maturity — noun 1 adult behaviour/behavior ADJECTIVE ▪ great, growing, increasing, new found ▪ I can see an increasing maturity in how she understands the world. ▪ artistic, emotional …   Collocations dictionary

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