mature

/məˈtjʊər/

/məˈtʃʊər/ verb [I]

Definition

› FINANCE, INSURANCE to become ready to be paid: a bond/policy/investment matures When the bonds matured in September, they produced a profit of $39 million. What happens if the firm goes bust before my policy has matured? The endowment is due to mature in five years.

› ECONOMICS, MARKETING if a market, industry, etc. matures, it stops growing or developing as fast as it did when it was new: a market/industry matures The market matured and only a few brands survived.

› to become completely grown or developed: They started to worry about environmental damage only after their own economies matured. You should plan for your business to mature within three to five years.

(Definition of mature verb from the Cambridge Business English Dictionary © Cambridge University Press)

Focus on the pronunciation of mature