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Simple English definitions for legal terms

Maturity

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A quick definition of Maturity:

Term: Maturity

Definition: Maturity means different things depending on what we're talking about. When we talk about a person, maturity means when they become an adult, usually at 18 years old. It can also mean how grown-up someone is in their mind and emotions. When we talk about money, maturity means the date when someone has to pay back what they owe on a loan or bond.

A more thorough explanation:

The term “maturity” is used in different areas of law and has different meanings depending on the context. Here are some examples:

When we talk about a person's maturity, we usually mean the age at which they become an adult. In the United States, this age is 18. However, “maturity” can also refer to a person's emotional and mental development in relation to their age.

Example: John turned 18 last month, so he has reached the age of maturity and can vote in elections.

When we talk about financial instruments, maturity refers to the date on which payment becomes due for a promissory note, bond, or other debt instrument. This means that the borrower must pay back the money they borrowed on or before the maturity date.

Example: Sarah took out a loan and the maturity date is in 5 years. This means that she has to pay back the loan in full on or before that date.

In summary, maturity can refer to a person's age or their emotional and mental development, as well as the date on which payment becomes due for a financial instrument.

Matthew Shepard and James Byrd, Jr. Hate Crimes Prevention Act | May

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18:13
Original price was 460 they just ripped ya off
18:13
jk that is nice
babycat
18:14
@EvolBunny: I love fluoride 😍😍😍
18:14
omg me too
BulbasaurNoLikeCardio
18:15
@EvolBunny: I am fine with them making their cut and all that but I bought it with an adjustable gas block, new LVPO and foregrip so I just have a bunch of parts and ammo with no way to shoot it
@BulbasaurNoLikeCardio: i mean getting paid for their incompetence is based
18:15
they think you are going to attack dj trump
BulbasaurNoLikeCardio
18:18
@BulbasaurNoLikeCardio: they blaimed it on their IT team for not updating it as out of stock when I paid but like buying something in stock in September then being told I won't get it until mid January is pretty wild. I do not hunt anymore but their mistake would of caused me to miss the entire season. If it wasn't so hard to get left handed ARs I would of gone elsewhere
oh that's kind of worth more than $140
that's at least $300
18:19
@BulbasaurNoLikeCardio: what you gonna do when january hits and they are like "it still isnt here come back in april"
BulbasaurNoLikeCardio
18:20
Its a $600 part, they already covering shipping and paying the tax so $140 is an additional 25% off.
BulbasaurNoLikeCardio
18:20
If it doesn't come January I am going to just say fuck it and toss everything on the right handed upper and just eat gas.
18:21
You should have said to refund you or give 300 off
18:21
wasp is wasp
18:21
knows how be rich and demand shit lmfao
i am atheist not protestant
18:22
same thing tho ya? - catholic
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
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