Markets / Finance Topics |
Trade date
The date on which a trade (i.e. an agreement on a financial transaction between two counterparties) is struck. The trade date might coincide with the settlement date for the transaction (same-day settlement) or precede the settlement date by a specified number of business days (the settlement date is specified as T + the settlement lag). See also settlement date (European Central Bank)
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The amount of money needed to buy, do or make something.
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