Dictionary of Banking Terms: payment date
payment date
- date specified in a bond indenture as the interest payment date or interest and principal payment date for a series of bonds.
- designated value date where funds are transferred by prior arrangement, for example, a payroll or Social Security direct deposit.
Dictionary of Business Terms: payment date
payment date
- date on which a declared stock dividend or a bond interest payment is scheduled to be paid.
- date on which a bill is due for payment.
Dictionary of Finance and Investment Terms: payment date
payment date
date on which a declared stock dividend or a bond interest payment is scheduled to be paid.
