the date that is supposed to pay for payment like bills, debts, etc.
DATE(YEAR(A2),MONTH(A2) + A1 – 1, DAY(A2))
The maturity date is the date on which a financial instrument, such as a bond, loan, or deposit, becomes due and is expected to be repaid. The maturity date is an important factor in the terms and conditions of a financial instrument, as it determines the length of time that the instrument will remain outstanding and the timing of the repayment of the principal amount.
In the case of a bond, the maturity date is the date on which the bond issuer is required to pay back the principal amount of the bond to the bondholder. Prior to the maturity date, the bond issuer will typically make regular interest payments to the bondholder, known as coupon payments. The maturity date is usually specified in the bond indenture, which is the legal document that outlines the terms and conditions of the bond.
In the case of a loan, the maturity date is the date on which the borrower is required to pay back the principal amount of the loan to the lender. Prior to the maturity date, the borrower will typically make regular interest and principal payments to the lender, as agreed upon in the loan agreement. The maturity date is usually specified in the loan agreement, which is the legal document that outlines the terms and conditions of the loan.
In the case of a deposit, the maturity date is the date on which the deposit becomes due and is expected to be repaid to the depositor. In the case of a term deposit, the depositor agrees to leave the deposit in the account for a specified period of time, and the maturity date is the date on which the deposit becomes available for withdrawal. In the case of a savings account or other type of deposit, the maturity date may not be specified, and the depositor may be able to access the funds at any time subject to any applicable fees or restrictions.
In summary, the maturity date is the date on which a financial instrument, such as a bond, loan, or deposit, becomes due and is expected to be repaid. The maturity date is an important factor in the terms and conditions of a financial instrument, as it determines the length of time that the instrument will remain outstanding and the timing of the repayment of the principal amount. In the context of Amazon, the maturity date may be relevant to financial instruments such as loans or bonds that the company has issued, or deposits that the company has received from customers or other parties.