Take effect financial definition of take effect
take (redirected from take effect)
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(1) To agree to buy
. A dealer
or customer who agrees to buy
at another dealer's offered price
is said to take the offer. (2) Euro
bankers speak of taking deposits rather than buying money
To accept the price at which a dealer offers a security.
(1) A generic term meaning to acquire title by whatever means, such as by deed, by will, by purchase,or by gift,to name a few.(2) A common expression for a condemnation under the power of eminent domain.
References in periodicals archive
Portions of the act take effect
the third full fiscal year following enactment; the remainder take effect
in 60 days.
Mayor James Hahn is expected to sign the measure, which would then take effect
in 30 days.
Fujioka was said to have told the mayor he was following the regulations of both the existing charter and new one that will take effect
July 1 - directing him to report to both the mayor and City Council.