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Refinance and Mortgage Encyclopedia - maturity date

Maturity Date

The date on which a mortgage loanThe legal agreement where a borrower is obligated to repay a lender for money borrowed to purchase a home. is scheduled to be paidThis is the amount of tax posted as paid for the year in question, either in installment payments or in full, as stated in the noteThe binding legal document you sign when you get a loan. It lists the conditions under which you're.

Maturity Date

The date on which the principal amountThe face amount of a Bond, exclusive of accrued interest and payable at maturity or, as to an Issue, of a bondWritten evidence of an obligation given by a corporation or government entity. A surety instrument. or other debt instrumentA collective term encompassing obligating documents for a loan, including any applicable promissory becomes payable or due.

Maturity date

The date on which the principal amountThe face amount of a Bond, exclusive of accrued interest and payable at maturity or, as to an Issue, will be repaid to the holderThe party that currently owns the loan and holds its legal title. of a fixedGuarantees a specific payment amount in the future. incomeMoney you make from a job or from business or property. investmentThe utilization of money in the expectation of future returns in the form of income or capital gain. such as bondsLoans that investors make to corporations or governments. It is a type of investment where the issuer.

Maturity Date

The stated date on which all or a stated portion or the principal amountThe face amount of a Bond, exclusive of accrued interest and payable at maturity or, as to an Issue, of a securityThe property that will be pledged as collateral for a loan. becomes due and payable.
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