Definition
Maturity is the scheduled date or end of a term when a financial obligation becomes due or a locked product reaches completion.
In market context
At maturity, principal and any contractually due interest may become payable, or a product may renew, convert, or require a user instruction according to its terms. Maturity does not by itself guarantee immediate access if processing, settlement, or an unbonding period follows. Users should review the date, time zone, payout method, renewal setting, and consequences of early withdrawal before committing funds.
Source
Use the primary source for fuller regulatory or market context.
