Which of the following describes the term maturity date?
A)The date on which the debenture is issued
B)The date on which the debenture is cancelled
C)The date on which each interest payment is made
D)The date on which the principal amount is repaid to the debenture holder

Question

Quizplus · Accepted Answer

The maturity date is the date on which the principal amount of a debenture or bond is repaid to the holder, marking the end of the investment period.

Which of the Following Describes the Term Maturity Date