value date (English, noun)
expansion: value date (plural value dates)
Senses:
topics: accounting
business
finance
glosses: Date and the action itself on which payments are credited or debited to the customer's imagined but legally real account, as opposed to the date a balance is made visible (posting date, entry date) which is when crediting of other funds takes place and which is usually the available sum, is the line of credit; interest payments are made from the value date onwards.
Forms:
form: value dates
tags: plural
form: date of value
tags: alternative