Glossary
Maturity
The date principal is repaid
Maturity is the date when principal is returned or must be repaid, for a deposit, bond, or loan. Longer maturities usually pay more but lock your money up, and cashing out early can cost you.
Glossary
The date principal is repaid
Maturity is the date when principal is returned or must be repaid, for a deposit, bond, or loan. Longer maturities usually pay more but lock your money up, and cashing out early can cost you.