MATURITY MISMATCH
\mət͡ʃˈʊ͡əɹɪti mɪsmˈat͡ʃ], \mətʃˈʊəɹɪti mɪsmˈatʃ], \m_ə_tʃ_ˈʊə_ɹ_ɪ_t_i m_ɪ_s_m_ˈa_tʃ]\
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Event noted by a mismatched balance sheet, having one of several situations of unbalance between short-term to medium-term to long-term assets to liabilities. A company also indicates its ability to borrow by changes in its maturity profile.
By Henry Campbell Black
Word of the day
Arctictis Bintourong
- arboreal civet of Asia having a long prehensile tail and shaggy black hair