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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FROM DICTIONARY
Termination of contract
Termination of contract is a process, when void a contract between the insurer and the policyholder. For example, the contract may disappear…
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