BROWSE

Date Certain

Definition

Date certain is a legal term for the date on or by which the actions of a contract can be reasonably completed, and is considered to be legally binding.

What is 'Date Certain'

A term identifying the date on/by which the specified actions of a contract can be reasonably completed. This date is important, as it is generally considered legally binding.

Explaining 'Date Certain'

The third Friday of each month is an example of a date certain for option expiry. Remember, options (and in fact all derivatives) are simply contracts between two parties.


Further Reading


Comparing the publication process in accounting, economics, finance, management, marketing, psychology, and the natural sciences
meridian.allenpress.com [PDF]
… do not expect different levels of revenue risk to influence the management of costs in project finance … delegating entity has issued a tender specifying the required delivery of a certain service,3 … Next, the project company enters into a fixed-price and date-certain agreement with …

Scaling and criticality in a stochastic multi-agent model of a financial marketScaling and criticality in a stochastic multi-agent model of a financial market
www.nature.com [PDF]
… do not expect different levels of revenue risk to influence the management of costs in project finance … delegating entity has issued a tender specifying the required delivery of a certain service,3 … Next, the project company enters into a fixed-price and date-certain agreement with …

Meeting the challenge of wastewater irrigation: economics, finance, business opportunities and methodological constraintsMeeting the challenge of wastewater irrigation: economics, finance, business opportunities and methodological constraints
www.tandfonline.com [PDF]
… do not expect different levels of revenue risk to influence the management of costs in project finance … delegating entity has issued a tender specifying the required delivery of a certain service,3 … Next, the project company enters into a fixed-price and date-certain agreement with …

Applications of multi-objective evolutionary algorithms in economics and finance: A surveyApplications of multi-objective evolutionary algorithms in economics and finance: A survey
ieeexplore.ieee.org [PDF]
… do not expect different levels of revenue risk to influence the management of costs in project finance … delegating entity has issued a tender specifying the required delivery of a certain service,3 … Next, the project company enters into a fixed-price and date-certain agreement with …



Q&A About Date Certain


What is a date certain?

A date certain is the specific day by which an action must be completed.

How does the term "date" relate to "certain"?

The word "date" refers to the specific day and time when something happens, while "certain" means that something will happen at some point in time.

Why is a date certain important in contracts?

A date certain is important because it can be used to determine if actions were completed on time or not.

What are examples of a date certain?

The third Friday of each month is an example of a date certain.