answersLogoWhite

0

Maturity is a term subject to different meanings, but in a commercial paper context, it refers to the date on which a negotiable instrument, such as a promissory note or bill of exchange, becomes due and payable.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

When a note matures the payee should record?

Interest Expense


When will a 90 day note dated August 26 matures on?

November 23rd


What does ovulation mean?

You ovulate (ovulaion) when an egg cell (ovum) matures and is released from your ovary.


What do the stamped numbers on a can of salmon mean?

They are codes from the canning and the date when the item expires.


Why are relatively few futures contracts allowed to expire?

Future contracts are allowed to expire as they give out a guarantee to both parties regarding a fair value of the underlying asset. When the final trading date arrives, the contract either expires or matures.


When an interest-bearing note matures the balance in the Notes Payable account is?

The principal or maturity value. The premium or discount should be fully amortized down to zero.


When an interest-bearing note matures what is the balance in the notes payable account?

The principal or maturity value. The premium or discount should be fully amortized down to zero.


How do you terminate membership in Fantage?

I think it expires... I THINK... Doesn't mean I'm right.


What does it mean when a webkinz account expires?

You have to adopt another pet before you can go on again


What does it mean on ioffer.com that your order expires?

If your order expires on iOffer, the order is no longer a valid transaction. Active transactions are only valid for a set time frame. This applies to offers as well.


Do icing cake expires?

Everything expires...


It maybe required when a mortgage matures?

A balloon payment may be required when you mortgage matures.