value date
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English[edit]
Alternative forms[edit]
Noun[edit]
value date (plural value dates)
- (accounting) 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.
Hypernyms[edit]
Translations[edit]
Date and action on which payments are credited or debited to the customer's imagined but legally real account
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Verb[edit]
value date (third-person singular simple present value dates, present participle value dating, simple past and past participle value dated)
- (accounting) To perform the above-defined action with an amount.
Translations[edit]
to perform the above-defined action with an amount
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See also[edit]
Further reading[edit]
- value date on Wikipedia.Wikipedia