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effective date

   Also found in: Acronyms, Wikipedia 0.06 sec.
Effective Date
The date, declared by the Securities & Exchange Commission (SEC), on which shares can start trading. This usually refers to the date when shares become available for sale in an initial public offering.

Notes:
The effective date occurs approximately 20 days after the security is registered with the SEC, giving time for the SEC to review the registration. The registration will be either accepted or rejected by the twentieth day or earlier. Amendments can be made to the registration if the SEC deems that changes are necessary. If the items in question are not modified, the registration process is not completed.


Effective date
In an interest rate swap, the date the swap begins accruing interest.

effective date
The date on which a new offering registered with the SEC may be sold by underwriters. There is usually a 20-day cooling-off period between the filing of a registration and the effective date.

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These pre-existing condition exclusions typically preclude coverage for disabilities that begin within 12 months of the coverage effective date if the disability is "caused by, contributed to, or resulted from" a "pre-existing condition" Pre-existing condition is generally defined as a condition or any symptoms of such a condition for which the insured received medical treatment, consultation, care or services in the three months prior to the effective date of coverage (the "look-back" period).
The market's response to the addition of firms to the MSCI USA Index is assessed by testing the statistical significance of abnormal returns surrounding the announcement date (April 30, 2003) and the effective date (May 31, 2003, Saturday).
The agencies jointly adopted interim final rules that established December 31, 2003, as the effective date for the preemption provisions of the FACT Act as well as provisions authorizing the agencies to adopt rules or take other actions to implement the FACT Act.
 
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