The specified date on which the principal amount of a bond is payable is referred to as which one of the following?

Question

Quizplus · Accepted Answer

Maturity refers to the specified date when the principal amount of a bond becomes due and is payable to the bondholder. Coupon date refers to the date when the periodic interest payments are made to the bondholder, and yield date is not a commonly used term in relation to bonds. Dirty date refers to the date when a bond's price includes accrued interest, while clean date refers to the date when a bond's price does not include accrued interest.

The Specified Date on Which the Principal Amount of a Bond