Business / Taxes / Trade Date: The trade date is the day on which you buy or sell a security, option, or futures contract. The settlement date, on which cash and securities are delivered, occurs one or more days after the trade date, depending on the type of security that you're trading. Options and futures contracts settle on T+1, or one business day after the trade date, and stocks settle on T+3, or three business days after the trade.
Date Noun Synonyms: time, year, season, period, day, age, era, epoch, stage, phase
Date Verb Synonyms: entertain, escort, go out (with), go steady (with)
Trade Adjective Synonyms: commerce, business, traffic, exchange, barter, dealing(s), buying and selling, merchandising, marketing, mercantilism, truck
Trade Noun Synonyms: exchange, swap or swop, interchange, switch, barter, return
Business / Finance / Trade Debt: The date that the counterparties in an interest rate swap commit to the swap. Also, the day on which a security or a commodity future trade actually takes place. Trades generally settle (are paid for) MORE
Business / Finance / Delivery Date: The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract. MORE