Maturity value
Maturity value is the amount of the note that is due on the date of maturity (Principal + Interest). *Discount period. The amount of time the bank holds a note that was discounted until the maturity date.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Maturity value. The amount of the note that is due on the date of maturity (Principal + Interest). *Discount period. The amount of time the bank holds a note that was discounted until the maturity date.
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.
