effective date

noun

: the day when a law, rule, contract, etc., starts to be used

Examples of effective date in a Sentence

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Once an effective date is reached, the debtors (FTX) will have 60 days to make distributions to a class of creditors known as the convenience class; in case of this distribution that class includes any individual customer claims under $50,000. Sean Stein Smith, Forbes, 13 Oct. 2024 Once the rule is drafted and approved for an effective date, nationwide wireless providers will have 30 days to implement georouting, while non-nationwide providers will have 24 months. Natalie Eilbert, Journal Sentinel, 23 Oct. 2024 The total amount to be distributed to this class is approximately $1.2 billion, with the payment schedule still to be determined after the effective date has been established. Sean Stein Smith, Forbes, 13 Oct. 2024 Staffing must be adjusted within six months of the effective date. Christina Hall, Detroit Free Press, 15 July 2024 See all Example Sentences for effective date 

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Cite this Entry

“Effective date.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/effective%20date. Accessed 21 Dec. 2024.

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