Asked by Kayla Gonzalez on Jun 04, 2024
Verified
Provide an appropriate definition of maturity date.
Maturity Date
The specific date on which the principal or final payment of a debt instrument is due to be paid to the investors or lenders.
- Recognize and elucidate the elements of a bond agreement.
Verified Answer
JG
Jessica GoveaJun 09, 2024
Final Answer :
Specified date at which the principal amount of a bond is paid.
Learning Objectives
- Recognize and elucidate the elements of a bond agreement.