Term used for – the value date of entries in general and – in particular at a bank, said with regard to the entry date on a client’s account (the calendar date on which a credit movement is credited to a client’s account). – The day of maturity of a bill of exchange. – In insurance, the date on which an insurance premium becomes due for the agreed insurance period. – See settlement confirmation, closing, book profit, finality, mistrade, transfer, final, value date.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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