Maturity is a term that refers to the state of being fully developed or grown up. It often implies a level of experience or wisdom that comes with age, but can also relate to emotional or mental maturity. In a business context, maturity can refer to the stage at which a company or product is considered well-established and has reached a level of stability and profitability. Overall, maturity suggests a level of stability, readiness, and thoughtful decision-making.