MLchartDataset catalogue

Mature

Term · Insurance and risk management · MLC-T-INS-002141

Describing an insurance policy or financial instrument that has reached the end of its term or the point at which its benefits become payable. For life insurance, this means the insured has reached a specified age or the policy's endowment period has concluded. A bond matures when its principal amount is repaid to the holder.

Table 1. Record
IdentifierMLC-T-INS-002141
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002141",
  "term": "Mature",
  "field": "Insurance and risk management",
  "definition": "Describing an insurance policy or financial instrument that has reached the end of its term or the point at which its benefits become payable. For life insurance, this means the insured has reached a specified age or the policy's endowment period has concluded. A bond matures when its principal amount is repaid to the holder.",
  "url": "https://mlchart.com/terminology/insurance/mature/"
}

Record 2,096 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.