1. For a Debt instrument, this is an at-maturity collectable or due obligation amount. 2. For Endowment insurance, on reaching a specified age at the end of endowment period, this is the at-maturity obligation owed an insured or beneficiary.
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1. For a Debt instrument, this is an at-maturity collectable or due obligation amount. 2. For Endowment insurance, on reaching a specified age at the end of endowment period, this is the at-maturity obligation owed an insured or beneficiary.
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