MATURITY DATE Definition

Bookmark and Share

MATURITY DATE of a financial asset is the date at which that asset is converted into a specified amount of money or physical assets, e.g. the date on which an issuer of a bond promises to repay the full amount borrowed.

Learn new Accounting Terms

PROGRESSIVE TAX is an income tax system to where the more income that is made the higher the tax percentage that must be paid.

INVENTORY TAG is a tag attached to inventory items that identifies the inventory items to aid in counting the physical inventory.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.