Entity attribute settlement date of the entity drawn instrument

Card of the entity attribute settlement date of the entity drawn instrument

Name

settlement date

Code

settlement_date

Comment

The date on which the conditions specified in the contract are or can be executed for the first time, i.e. the date on which financial instruments are initially exchanged or created. The settlement date of an instrument is the date on which the instrument was executed for the first time after the instrument’s inception date. In contrast to the inception date, which is specified in the contractual agreement, settlement date is instrument related based on the actual execution of the terms specified under contract.

Domain

date with exclusions

Data Type

Date

Mandatory

Yes

Inherited From

<None>

Parent

Entity 'drawn instrument'

List Of Values

 

Length

 

Precision

 


Check of the entity attribute settlement date of the entity drawn instrument

Default Value

 

Unit

 

Format

YYYY-MM-DD

List Of Values

 


List of associated business rules of the entity attribute settlement date

Name

Code

Rule Type

drawn instrument omc0023 settlement date no earlier than inception date

omc0023

Constraint

drawn instrument dmc0012 non-applicable check for mandatory settlement date

dmc0012

Validation