maturity
/məˈtʃʊərəti
/noun (plural maturities) [mass noun]
1The state, fact, or period of being mature: the progress of an ingénue from childhood to maturity the fish takes 35 years to reach maturity...
- These are the signs not only of old age, but of maturity, experience and wisdom.
- It was almost childlike, but with a strong underlying sense of maturity and wisdom.
- The female mouse reaches sexual maturity at an age of 5-6 weeks.
Synonyms
adulthood, full growth, majority, coming-of-age, matureness, manhood/womanhood, puberty, pubescence
1.1The time when an insurance policy, security, etc. matures: interest is not paid until maturity [as modifier]: the maturity date...
- Your capital is guaranteed as long as you keep the bond until maturity date.
- As bills of exchange are meant to be discounted, they do not usually remain in the hands of the ostensible payee until their date of maturity.
- For an investor who plans to hold the bond until maturity, liquidity risk is less important.
1.2 [count noun] An insurance policy, security, etc. having a fixed maturity date: some investors found a safe harbour in shorter-term maturities...
- Much of this is multilateral and bilateral debt and suppliers credits with long-term maturities and favourable terms that should not be refinanced.
- Fixed mortgage rates continue to fall across all maturities.
- But you don't want to go out too far in maturities.
Synonyms
ripeness, matureness, mellowness
Origin
Late Middle English: from Latin maturitas, from maturus (see mature).