Definition for : Value Date
The "Value Date" in the banking industry describes the calendar date on which a credit movement is credited to a client's account. Generally, banks count one or several day(-s) even though the movements are instantaneous, and the banks benefit from the Free float thereby created, as a form of remuneration of their services.
(See Chapter 47 Leveraged buyouts (LBOs) of the Vernimmen)
To know more about it, look at what we have already written on this subject