Question

Maturity date definition bank deposite example

Answer 1

hey is your answer

Deposit Maturity Meaning Certificates is Deposit consist of short term debt instruments issued by banks and financial institutions Deposit Maturity Example: Forexample, the Deposit Maturity date can be on any business day n it occurs on the last dayof the term or the maturity date of a Certificateof Deposit

Answer 2

Answer:

ur answer mate ⤵️

The maturity date refers to the date when an investment, such as a certificate of deposit (CD) or bond, becomes due and is repaid to the investor. At that point, the investment stops paying interest and investors can redeem accumulated interest and their capital without penalty.

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