MATURITY VALUE
\mət͡ʃˈʊ͡əɹɪti vˈaljuː], \mətʃˈʊəɹɪti vˈaljuː], \m_ə_tʃ_ˈʊə_ɹ_ɪ_t_i v_ˈa_l_j_uː]\
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1. For a Debt instrument, this is an at-maturity collectable or due obligation amount. 2. For Endowment insurance, on reaching a specified age at the end of endowment period, this is the at-maturity obligation owed an insured or beneficiary.
By Henry Campbell Black
