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| Definitions by InvestorWords.com |
| What is...? |
| effective date The date on which an agreement, such as a contract or insurance policy, takes effect. Also, the date on which a registration of a new security filed with the SEC becomes effective, usually 20 days after the filing of the registration. see also dated date, quiet period, cooling-off period. In an interest rate swap, the date the swap begins to accrue interest. |
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