transaction date

Also found in: Acronyms.

Transaction Date

The date on which the trade of a security or derivative occurs. It is important to note that the transaction date differs from the settlement date, which can range from one to five days following the trade date. On the transaction date, ownership of the securities being traded transfers from the seller to the buyer, but the seller does not receive payment until the settlement date.
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transaction date

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Since the focus of this study is the sequence of stock returns following the call transaction date, we examine both daily raw returns and abnormal returns on security i on the t-th day after the transaction date.
(c) Again, if the September closing date is considered the transaction date for subsection 167(1) purposes and the contract is retroactive to the signing of the documents, who should report the GST and claim the ITCs on the transactions that took place between the closing and the date of signature?
The tenor of the issue is five years with redemption payments in sixteen (16) equal quarterly instalments commencing from the fifteenth month of the effective transaction date. The TFCs are priced at 3-months KIBOR plus 2.25%.
A hedge must be clearly identified on the transaction date for tax purposes; see Regs.
This move is expected to take about one week after the transaction date, the buyer added.
4958(f)(1) defines a disqualified person generally as anyone who was in a position to exercise substantial influence over an applicable organization at any time during the five year period ending on the transaction date.
Basis is allocated first to group members' S preferred stock, in proportion to (but not in excess of) the shares' value on the transaction date. Any remaining basis is then allocated among all the group members' S common stock in the same proportion.
In step-in-the-shoes transactions, a new taxpayer assumes an old taxpayer's obligation to account for the contract, and the old taxpayer's obligation terminates on the transaction date. An old taxpayer using the PCM would have to recognize income based on cumulative allocable contract costs incurred as of the transaction date.
Further, the transaction will be closed into an escrow account till a waiver from a third party is received by 14 January 2011, as agree to by the parties on the effective transaction date of 1 July 2010.

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