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LSDefine

Simple English definitions for legal terms

Maturity

Read a random definition: formulae

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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WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
Mich overrated (Dean Z please let me in even tho i didnt apply and I am below both 25ths)
ClassyPleasantHeron
10:01
The "date changes" at Michigan really don't mean anything. We had to do them in undergrad admissions whenever a Georgia applicant picked the country instead of the state, because we'd have to remove the TOEFL requirement and reassign the application from the international application readers.
soapy
10:06
Classy, does that mean they may look at your application, and that look doesn't necessarily trigger any date change?
1a2b3c4d26z
10:06
Man
1a2b3c4d26z
10:07
Walkin to the bus
1a2b3c4d26z
10:07
What a good day to get into law school
ClassyPleasantHeron
10:11
@soapy: I don't know for sure about the law school. For undergrad, once the application is complete, it's assigned to a reader the following Monday. If we had to make any changes, it's because a reader saw something that needed to be changed and the application needed to be re-read after that change.
soapy
10:12
Ahh, got it. Thank you for the insight!
ClassyPleasantHeron
10:14
You're welcome. FWIW, I have no idea what's up with the address changes. We didn't have to do any of that, except for the Georgia state vs country kinds of things.
soapy
10:15
I've heard it theorized that some schools will change the address from "St." --> "Street" as they prepare to send out admissions packets. That's the rumor, anyways.
i think it just indicates a change in status like under review or stages of review
my stanford address went long as soon as it was marked complete lmao
soapy
10:25
I saw some Reddit adcom say that they can see any time we refresh the status checker; I wonder if it's a red flag if an applicant's checked it like 50 times in a day?
soapy
10:25
Also, can we send another LoR to a school that we've already applied to?
soapy
10:26
Or another essay?
10:30
i'll allow it
soapy
10:31
<3 thanks Fart Butt
1a2b3c4d26z
10:31
If I get rejected by a school bc I check my statuses during work then it wasn’t meant to be
10:32
cautionary tail re reddit posts: https://www.youtube.com/watch?v=5jZAQAuqSfs
How else will they know we fuck
Need to know aboot 6 pack abs
How many 666 people apply?
lolololol
soapy
10:34
Ah that's frightening
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