Medi Assist Healthcare IPO

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Trading Terms

Due date

The maturity date refers to the specific day on which a bill of exchange or any other financial instrument must be paid in full. This deadline is predetermined and is typically agreed upon at the time of issuing the instrument. It is a crucial term in finance, as it determines the timeline for repayment and also has an impact on interest rates. Simply put, it is the due date for settling a financial obligation.
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