maturity
Noun
1. The contractual term of a debt instrument (bond, note or loan) over which it is outstanding.
2. The period of time from the effective date and the maturity date of an interest rate swap (IRS).
1. The contractual term of a debt instrument (bond, note or loan) over which it is outstanding.
2. The period of time from the effective date and the maturity date of an interest rate swap (IRS).
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