Maturity vs Amortization - What's the difference?
maturity | amortization |
The state of being mature, ready or ripe
When bodily growth has completed and/or reproduction can begin
(countable, finance) Date when payment is due
The reduction of loan principal over a series of payments.
The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
As nouns the difference between maturity and amortization
is that maturity is the state of being mature, ready or ripe while amortization is the reduction of loan principal over a series of payments.maturity
English
(wikipedia maturity)Noun
- ''Some foods and drinks, like wine, only reach their full taste at maturity , which literally comes at a price
- ''The entire tank of was in their maturity and ready to mate.
- ''Some insect species reach sexual maturity well before their own bodily maturity
- The note was cashed at maturity .