What Does It Mean By Effective Date?

What is date of effect in law?

Definition.

This is the date that a particular change first effects the person’s entitlement..

What’s another word for effective?

Some common synonyms of effective are effectual, efficacious, and efficient.

What is effective immediately?

effective immediately: beginning, starting right now.

What is effective date of resignation?

Effective date of resignation is the date on which you have filed the resignation. From this date starts the period of notice and ends on the date stipulated in the employment letter. Your employer can relieve you any time in between the above period.

What is Bank effective date?

effective date. date on which a transaction is posted, or an agreement becomes effective. Banking. The time when an expiring Certificate of Deposit is renewed at the current rate, and interest paid is adjusted accordingly. Also, the date on which a bank card becomes valid.

Can an effective date be in the past?

Effective dates are the times when parties to a contract begin their obligations to perform under the contract. An effective date can be a date in the past (backdating) or in the future.

What does policy effective date mean?

An effective date refers to the exact date and time your insurance policy will officially become active (aka, when your coverage kicks in).

How do you use effective date in a sentence?

Effective date sentence examples A further actuarial valuation is being carried out with an effective date of 31 March 2004. Points of interest 1. Partial surrender of registration; effective date. Any dental services performed prior to the effective date of the insurance coverage will not be paid for by TriCare.

How can I use effective immediately?

Beginning right now. Effective immediately, employees will no longer be able to take company computers home without the written permission of a supervisor.

What is mean of effective?

Effectiveness is the capability of producing a desired result or the ability to produce desired output. When something is deemed effective, it means it has an intended or expected outcome, or produces a deep, vivid impression.

What does effective on mean?

adequate to accomplish a purpose; producing the intended or expected result: effective teaching methods; effective steps toward peace. actually in operation or in force; functioning: The law becomes effective at midnight. producing a deep or vivid impression; striking: an effective photograph.

What does license effective date mean?

License Effective Date means, with respect to each Component System of the Licensed System that Company is given the right to access and use, the date as of which the Company is first given such right to access and use.

What does effective date mean on direct deposit?

The Direct Deposit Effective Date is the date that the bank is to enact the direct deposit transactions. Usually the Effective Date is the same as the Check Date.

What is the meaning of Effective Date?

An effective date or as of date is the date upon which something is considered to take effect, which may be a past, present or future date. This may be different from the date upon which the event occurs or is recorded.

What is payment effective date?

Share. View. Effective Date Payment means the payment from the funds made available under the Exit Facility to pay the obligations to the DIP Lender, Administrative Expenses, any priority claims, and an initial fifty (50%) percent distribution to General Unsecured Creditors on Allowed General Unsecured Claims. Sample 2.