Search results
Results from the WOW.Com Content Network
In finance, maturity or maturity date is the date on which the final payment is due on a loan or other financial instrument, such as a bond or term deposit, at which point the principal (and all remaining interest) is due to be paid. [1] [2] [3] Most instruments have a fixed maturity date which is a specific date on which the instrument matures ...
The definition and determination of maturity has been applied to the issue of criminal responsibility of juvenile offenders and to a number of legal ages. The age of majority , the most broadly applied legal threshold of adulthood, is typically characterized by recognition of control over oneself and one's actions and decisions.
An investment normally counts as a cash equivalent when it has a short maturity period of 90 days or less, and can be included in the cash and cash equivalents balance from the date of acquisition when it carries an insignificant risk of changes in the asset value. If it has a maturity of more than 90 days, it is not considered a cash equivalent.
A grace period is a short window — typically between seven and 10 days after your CD term reaches maturity — when you can decide what to do with your funds. During this time, you can:
Date of purchase. Time to maturity. January – October 1980. 11 years. November 1980 – April 1981. 9 years. May 1981 – October 1982. 8 years. November 1982 – October 1986
Generally, there is a "window" after maturity when CD can be cashed out without penalty. In the absence of such directions, the institution may roll over the CD automatically, once again tying up the money for a period of time. Additionally, the CD holder may be able to specify at the time the CD is opened for it not to be rolled over.
The IMM dates are the four quarterly dates of each year which certain money market and Foreign Exchange futures contracts and option contracts use as their scheduled maturity date or termination date. The dates are the third Wednesday of March, June, September and December (i.e., between the 15th and 21st, whichever such day is a Wednesday).
Turning 15, the "age of maturity", as the Baha'i faith terms it, is a time when a child is considered spiritually mature. Declared Baha'is that have reached the age of maturity are expected to begin observing certain Baha'i laws, such as obligatory prayer and fasting. [19]