Maturity value
Term · Insurance and risk management · MLC-T-INS-002145
The total amount payable to the policyholder or beneficiary when an insurance policy or financial instrument reaches the end of its term. For a life insurance policy, this is typically the face amount of the policy. For a bond, it is the principal amount that the issuer repays to the bondholder on the maturity date.
| Identifier | MLC-T-INS-002145 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002145",
"term": "Maturity value",
"field": "Insurance and risk management",
"definition": "The total amount payable to the policyholder or beneficiary when an insurance policy or financial instrument reaches the end of its term. For a life insurance policy, this is typically the face amount of the policy. For a bond, it is the principal amount that the issuer repays to the bondholder on the maturity date.",
"url": "https://mlchart.com/terminology/insurance/maturity-value/"
}
Record 2,123 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.