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maturity noun ( FINANCE )

Click to hear the UK pronunciation of this wordClick to hear the US pronunciation of this word/məˈtjʊə.rɪ.ti//-ˈtʊr.ə.t ̬i/ n [U]

Definition

specialized when an insurance agreement or investment becomes ready to be paid
The investment reaches maturity after ten years.

(Definition of maturity noun (FINANCE) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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