original maturity

original maturity definition - business

original maturity

The period between a security's maturity date and issue date. A bond issued 15 years ago that has an additional 10 years to maturity had an original maturity of 25 years. See also current maturity.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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