value date
Word Rarity
Uncommon
Frequency: Zipf frequency 4.88 in modern English
13
Scrabble Score
9
Letters
3
Syllables
7
Unique Chars
Meaning
noun
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.