Meaning of the word: Maturity

Maturity is very important concept in finance, because every loan or other financial instrument is due to be paid. Maturity is a date, when the transaction must be paid. For example in case of purchase maturity is the immediate, but for example loans have a longer time period of maturity, this is actually purpose of every loan.

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Credit card

A credit card payment card offered to customers draw funds and goes under the zero. It is based on the holder´s promise to pay for them. Credit cards…

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