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Payment Date
The specified date on which a payment, such as a dividend or bond interest, is made by a company to its shareholders or bondholders.
Negotiable
Something that can be discussed or altered in order to reach an agreement; in finance, refers to instruments like checks or bills of exchange that can be transferred to another party.
Optional Payment
A payment made by choice as opposed to requirement, often seen in loan agreements where the borrower may pay more than the minimum due.
Maturity Date
the specific date on which a financial instrument, such as a loan or bond, reaches its expiration and the principal is due to be repaid.
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