Date Certain


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.

Date Certain

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 – [PDF]
  • Scaling and criticality in a stochastic multi-agent model of a financial market – [PDF]
  • Meeting the challenge of wastewater irrigation: economics, finance, business opportunities and methodological constraints – [PDF]
  • Applications of multi-objective evolutionary algorithms in economics and finance: A survey – [PDF]