matured

Definition

Reached full development, capability, or readiness; in biology, having completed natural growth stages; in finance, having reached the date of payment or redemption.

Example Usage

The bond matured after five years, and investors received their principal plus accumulated interest.

Origin

From Latin 'maturus', meaning 'timely, ripe, fully developed', related to 'mane' (morning, early time).

Fun Fact

In wine and spirits terminology, 'matured' implies aging in casks or bottles under specific conditions to develop flavor complexity.

Source: Definition backfill (hailey)

Related Terms

Intermediate

depreciate

To decline in value over time, or to belittle something—the financial equivalent of watching your investment slowly deflate like a sad balloon.

💰 Finance / Accounting

Beginner

payout

The glorious moment when money actually leaves the vault and enters someone's pocket, whether it's dividends to shareholders or winnings to lottery players. In corporate speak, it's the amount distributed to investors who've been patiently waiting for their returns. The favorite word of anyone who's ever invested in anything, and the dreaded term for CFOs watching the bank account drain.

💰 Finance / Accounting

Beginner

Accounts Receivable (AR)

Money customers owe you—the invoices you're desperately hoping will actually get paid.

💰 Finance / Accounting

Beginner

brokerage

A firm that acts as the middleman between buyers and sellers, taking a nice cut of every transaction for the privilege of connecting people who could probably find each other on Craigslist. These companies facilitate trades in stocks, real estate, insurance, or commodities, providing expertise and access to markets in exchange for commissions. They're the reason why 'free' trading apps still somehow make billions.

💰 Finance / Accounting

Intermediate

audit trail

A documented sequence of transactions showing every step from origin to final entry, allowing auditors to trace financial data backward like forensic accountants solving a very boring crime. When the trail goes cold, so does your credibility.

💰 Finance / Accounting

Advanced

Asset Impairment

When an asset's value drops permanently, you must write it down on the books. It's accounting's way of admitting you bought something that's now worthless, usually after several years of pretending it wasn't.

💰 Finance / Accounting

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