value date

noun

chiefly British
: the date when the proceeds of a credit instrument (as a check) or of a foreign exchange transaction (as the sale of dollars for sterling) become available for use

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Cite this Entry

“Value date.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/value%20date. Accessed 10 Dec. 2024.

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