value date
verb1
Accounting, Business, Finance To perform the above-defined action with an amount.
- Related terms
- entry date, posting date, settlement date, trade date
value date
noun1
Accounting, Business, Finance 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
- date