Maturity Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Maturity, written in plain English, along with examples of how it is used.

What is Maturity?

(n) Maturity is the reaching of the specified time or point to convert a process, obligation, provision, ability etc ripe for execution or existence. Eg. Maturity date for return of deposit. Eg. Maturity age for entering in to valid contract