Erääntymisajankohta

Erääntymisajankohta refers to the maturity date or expiry date of a financial instrument or contract. It signifies the specific point in time when a debt becomes due, an option expires, or a derivative contract is settled. This date is crucial for investors, lenders, and borrowers as it dictates when principal and interest payments are expected, when an investment's value is realized or lost, or when the terms of a contract are fulfilled.

For loans and bonds, the erääntymisajankohta is the date when the borrower is obligated to repay the principal amount to the lender, along with any accrued interest. For options contracts, it is the last day the option can be exercised. If the option is not exercised by its erääntymisajankohta, it expires worthless. In the context of derivatives like futures contracts, the erääntymisajankohta is the date on which the underlying asset must be delivered or the cash settlement occurs. Understanding the erääntymisajankohta is essential for financial planning and risk management, as it influences cash flow, investment strategies, and the overall valuation of financial assets. It is a clearly defined term in the contract that leaves no room for ambiguity regarding the settlement or maturity of the obligation.