effective date

Definition of "effective date"
  1. The day when terms of a contract or a statutory obligation start being applicable and enforceable
How to use "effective date" in a sentence
  1. The effective date of this lease agreement is the first of the coming month.
  2. Even though the bill passed today, its effective date isn't until next year.
  3. She signed the insurance policy on March 30th, but the effective date wasn't until April 1st.
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