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maturity date vs due date

Both 'maturity date' and 'due date' are correct phrases, but they are used in different contexts. 'Maturity date' is commonly used in financial contexts, referring to the date when a financial instrument becomes due for payment. On the other hand, 'due date' is more general and is used to indicate the deadline for a payment or task.

Last updated: March 31, 2024

maturity date

This phrase is correct, especially in financial contexts, referring to the date when a financial instrument becomes due for payment.

The maturity date is the date when a financial instrument, such as a bond or loan, becomes due for payment. It is an important term in finance and investment.

Examples:

  • The maturity date for the bond is in five years.
  • Please check the maturity date of your loan agreement.
  • Investors should be aware of the maturity date of their investments.

Alternatives:

  • expiration date
  • payment date
  • settlement date
  • redemption date
  • end date

due date

This phrase is correct and commonly used to indicate the deadline for a payment or task.

'Due date' is used to refer to the deadline by which something must be paid or completed. It is a general term that can be applied to various situations.

Examples:

  • The due date for the assignment is next Friday.
  • Please make sure to pay your bill before the due date.
  • What is the due date for submitting the application?

Alternatives:

  • deadline
  • payment deadline
  • completion date
  • submission date
  • closing date

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