VALUE DATE


Meaning of VALUE DATE in English

In the market for Eurodollar deposits and foreign exchange , value date refers to the delivery date of funds traded . Normally, for spot transactions, it is on spot transactions two days after a transaction is agreed upon. In the case of a forward foreign exchange trade , it is the future date.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.