Expiry

The expiry indicates the date on which a financial transaction must be realized. This operation can be refunding partial or total of a Dette, the lifting of a option, the payment of a rent, the cashing of a Dividende, etc).

A financial transaction can have a whole series of expiries. In this case, they in general are regularly spread out in time, and one speaks about monthly payments, quarterly installments, annual installments, etc

Concerning the financial credit , the duration to be run before the expiry or the expiries is the maturity (lasted until total refunding) or the Duration (intermediate duration of the whole of refundings)

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