Maturity date
The date on which a loan or other financial obligation is due to be repaid in full unless it is refinanced or extended.
Related terms
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Loan extension
An agreed change that pushes the loan maturity or repayment period to a later date, often affecting total interest cost.
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Loan
Money advanced by a lender that must be repaid under agreed terms, usually with interest or fees.
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Instalment
One of a series of scheduled payments made towards a debt, purchase or financial obligation.
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