maturity value
Maturity value is the amount payable (under a whole life insurance policy) if the insured person lives to the last age on the mortality table on which the values of the contract were based or because of the insured's death.
maturity value
Maturity value is the amount payable (under a whole life insurance policy) if the insured person lives to the last age on the mortality table on which the values of the contract were based or because of the insured's death.
Additional Information
It can also refer to the amount, including principal and interest, that the holder of a bond, note, or mortgage is entitled to receive on the maturity date.
