11:37
imagine saying you want to go to boston for christmas 💀
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LSDefine
Simple English definitions for legal terms
mature
Read a random definition: paper profit
A quick definition of mature:
Mature means when something you owe, like a debt or a promise, is ready to be paid or fulfilled. For example, if you borrow money and promise to pay it back in ten years, the debt will mature in ten years. It's like when a fruit is ripe and ready to be eaten. There is also a rule called the mature-minor doctrine, which says that some young people who are not yet adults can make decisions about their health and well-being if they can explain their reasons well.
A more thorough explanation:
Definition: When a debt or obligation becomes due.
Example: The bond matures in ten years.
This means that in ten years, the bond will become due and the person who issued the bond will have to pay back the money they borrowed.
Related term: matured claim
Example: John filed a matured claim for the money he was owed.
This means that John filed a claim for money that was already due to him.
Related term: mature-minor doctrine
Example: The mature-minor doctrine allows teenagers to make decisions about their health and welfare if they can show that they understand the consequences of their decisions.
This means that even though teenagers are not yet adults, they can make important decisions about their own health and well-being if they are mature enough to understand the consequences of their choices.