Broken Date

Business, Legal & Accounting Glossary

Definition: Broken Date


Broken Date


Full Definition of Broken Date


A trading date in a forward or money market contract that is outside the standard maturity date. Standard periods are one week, two weeks, one month, six months etc. For example, a normal 3-month contract would be from June 15 to August 15. Maturity on August 10 would be considered a broken date. Also known as odd date.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/broken-date/
Modern Language Association (MLA):
Broken Date. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/broken-date/.
Chicago Manual of Style (CMS):
Broken Date. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/broken-date/ (accessed: March 29, 2024).
American Psychological Association (APA):
Broken Date. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/broken-date/

Definition Sources


Definitions for Broken Date are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.