Dictionary of Business Terms: date of issue
date of issue
date when an insurance company issues a policy. This date may be different from the date the insurance becomes effective.
Dictionary of Finance and Investment Terms: date of issue
date of issue
Bonds: date on which a bond is issued and effective. Interest accrues to bondholders from this date.
Insurance: date on which a policy is issued. Normally, the policy is also declared effective on that date, though not in every case.
Stocks: date on which a new stock is publicly issued and begins trading.
Dictionary of Insurance Terms: date of issue
date of issue
date when an insurance company issues a policy. This date may be different from the date the insurance becomes effective.
