Value Date

Business, Legal & Accounting Glossary

Definition: Value Date

What is the dictionary definition of Value Date?

Dictionary Definition

This refers to the data at which a remittance sent through a bank clearing cycle becomes available for the payee’s use.

Full Definition of Value Date

A term whose meaning depends on the context in which it is used. It can refer to the date when the price of an item whose market value fluctuates is set; it can be used in this sense for currency and derivatives contracts. Or it can refer to the date in a company’s accounts when an entry or item takes effect; when funds are paid, received or used, for example. Or it can be used in banking to refer to the date when interest payments are credited or debited to or from an account or when funds that have been deposited can be used. It can also refer to the date on which parties to a trade settle their obligations and make delivery and payment; in a spot currency transaction, it is two business days after the trade was made, for forward transactions it is the future date. Finally, it can also refer to the date a transaction takes place.

Synonyms For Value Date

effective date, for value, entered into force, enters into force, expiry 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
Modern Language Association (MLA):
Value Date. Payroll & Accounting Heaven Ltd. July 14, 2020
Chicago Manual of Style (CMS):
Value Date. Payroll & Accounting Heaven Ltd. (accessed: July 14, 2020).
American Psychological Association (APA):
Value Date. Retrieved July 14, 2020, from website:

Definition Sources

Definitions for Value 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: 9th April, 2020 | 53 Views.