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Due date
(1) Due date, in particular for coupons of securities.
(2) Also: maturity date, expiration date. The date on which a debt (such as a bond) becomes payable or when an option expires. If the debtor fails to perform payment by that date, he is said to be in default.
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- Part of Speech: noun
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- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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