value date

value date definition - business

value date

  1. The date on which parties agree to settle a transaction. For example, a futures contract calls for settlement on a specific date.
  2. The date on which a financial institution makes funds available to a depositor.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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