Maturity date is the date on which the principal amount of a note, draft, acceptance bond or another debt instrument becomes due and is repaid to the investor and interest payments stop.It is also the termination or due date on which an installment loan must be paid in full.A year listed without any letters is always Common Era, starting from year 1.
The maturity date defines the lifespan of a security, informing you when you will get your principal back and for how long you will receive interest payments.
However, it is important to note that some debt instruments, such as fixed-income securities, are "callable", which means that the issuer of the debt is able to pay back the principal at any time.
The year count starts with year 1 in the Gregorian calendar.
This is supposed to be the birth year of Jesus, although modern historians often conclude that he was born around 4 years earlier.
The expression Common Era is also no new invention, it has been in use for several hundred years.
In English, it is found in writings as early as 1708.
In Latin, the term "vulgaris aerae" (English, Vulgar Era) was used interchangeably with "Christian Era" as far back as in the 1600s.
What relatively new is that more and more countries and their educational institutions have officially replaced the traditional abbreviations AD/BC with CE/BCE.
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