Maturity

1. Debt.

In relation to a financial instrument evidencing a debt obligation, the remaining time until the principal is repayable to the holder.

2. Derivative instruments.

The remaining life of a derivative instrument, during which its value may continue to change.

3. Duration - related measures

Loosely, the same as any of: average effective maturity, average maturity, average nominal maturity or duration.

4. Pensions.

In relation to a Defined Benefit pension scheme, the ratio of the accrued liabilities relating to the deferred and actual pensioners to those relating to the active members.

5. Markets.

In relation to a market or economy, a mature one that is at relatively later stage of development.

6. Behavioural skills.

The positive personal quality generally associated with higher levels of social intelligence, self-awareness and the ability to self-regulate, and reliability.

It is usually associated with having had a larger amount of relevant experience.

However, some relatively less experienced individuals have high levels of behavioural maturity.

See also

• Average effective maturity
• Average life
• Average maturity
• Average nominal maturity
• Bullet maturity
• Call money
• Callable bond
• Constant maturity credit default swap
• Derivative instrument
• Development
• Duration
• Evergreen facility
• Experience
• Forward exchange market
• Held-to-maturity
• Life
• Longer term
• Maturity ladder
• Maturity mismatch
• Maturity structure
• Maturity transformation
• Member
• Mismatch
• Non-callable
• Non-maturity deposit
• Puttable
• Repo-to-maturity
• Self-regulation
• Short term
• Social intelligence
• Tenor
• Undated
• Weighted Average Final Maturity
• Weighted average maturity
• Yield to maturity