The maturity value of a security is the amount that will be received at the time the security is redeemed at maturity. For most securities, the maturity value equals the face value; In insurance, it is the amount due under a whole life insurance policy if the insured lives to the last age in the mortality table on which the contract values are based.

- Used in treasury and financial management for funding, investment, and risk decisions.
- Used to evaluate cash flows, financing costs, and capital structure.

- Example: Finance teams use **maturity value** when planning funding needs and managing cash and risk.

- Why it matters: Supports liquidity and risk control and improves the quality of financing and investment decisions.