payment date

payment date definition - business

payment date

  1. The date on which a bill is due.
  2. The date on which a dividend will be paid to stockholders or on which interest will be paid to bondholders by the issuers' paying agents.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.