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Definitions:

Maturity Date

The specific date on which the principal amount of a loan, bond, or other financial instrument is due to be paid in full.

Note Receivable

A written promise that entitles the holder to receive a specified amount of money from another party on a specified date or on demand.

Pays in Full

Pays in full denotes the complete settlement of a debt or obligation, leaving no outstanding balance.

Accrued Interest

Interest that has been incurred but not yet paid.