Difference between revisions of "Maturity date"
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According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
:[[Maturity date]]. Due date of the promissory note. | :[[Maturity date]]. Due date of the promissory note. | ||
+ | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
+ | :[[Maturity date]]. The date when the bond's par value is repaid to the bondholder. Maturity dates generally range from 10 to 40 years from the time of issue. | ||
==Related concepts== | ==Related concepts== |
Revision as of 23:19, 28 October 2019
Maturity date is due date of the promissory note.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Maturity date. Due date of the promissory note.
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Maturity date. The date when the bond's par value is repaid to the bondholder. Maturity dates generally range from 10 to 40 years from the time of issue.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.