Maturity Date
The date upon which the principal of a bond becomes due and payable to the bond owner.
bond-basics
Bullet Maturity
A single, fixed Principal payment at Maturity with no Mandatory Sinking Fund Redemption feature.
See Also
Serial Bonds
Maturities of a bond issue which mature in consecutive years or other shorter periods.
Start with the Bond Basics
Hundreds of Terms and Concepts
Subordinate Lien Bonds
Bonds having a subordinate claim on one or more security interests relative to the claim against such security interests by the holders of other bonds, also known as “junior lien bonds.”