maturity
n. uncountablen. the state of being fully grown or developed. In finance, it is the date when a loan or investment must be paid back to you.
n. the state, fact, or period of being fully functional or developed. In a financial context, it refers to the time when a note, bond, or other investment becomes due for payment.
The bond reaches maturity in five years.
Investors often choose a mix of short-term and long-term bonds to ensure they have cash available as each reaches maturity.
While the physical maturity of the crop was evident, the market conditions suggested that delaying the harvest might yield a higher profit margin despite the risk of spoilage.
From Middle English maturitee, maturyte, from Old French maturité, from Latin mātūritātem. By surface analysis, mature + -ity.
Uncountable when referring to the state of being developed; used as a countable noun in finance when referring to specific dates or investment periods.