Examlex
What trend led to the elimination of many specialized state courts?
Maturity
Maturity refers to the date on which the principal or final payment is due on a debt instrument, after which the debt is considered repaid.
Futures Position
A contractual obligation to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Underlying Commodity
The basic physical asset upon which futures contracts and derivatives are based.
Maturity
The specified date on which the principal amount of a bond, loan, or other financial instrument is due to be repaid.
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