Maturity — definition (Banking)

Banking

The date on which the principal balance of a loan, bond, or other financial instrument becomes due and payable.

The Office of the Comptroller of the Currency — Dictionary of Banking Terms and Phrases
Office of the Comptroller of the Currency, U.S. Department of the Treasury — Dictionary of Banking Terms and Phrases retrieved 2014-05-16

The date on which a loan or bond or debenture comes due and must be redeemed or paid off.

The date when the principal balance of a loan becomes due and payable.

The due date of a loan.