maturity

/məˈtjʊəɹəti//məˈtʊəɹəti/

noun

  1. 1

    The state of being mature, ready or ripe.

    Some foods and drinks, like wine, only reach their full taste at maturity, which literally comes at a price
  2. 2

    When bodily growth has completed and/or reproduction can begin.

  3. 3

    The state of a debt obligation at the end of the term of maturation thereof, once all interest and any applicable fees have accrued to the principal.

  4. 4

    Date when payment is due.

    The note was cashed at maturity.

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