Rentedatum

English translation: value date

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:rentedatum
English translation:value date

04:36 Aug 21, 2001
Dutch to English translations [PRO]
Bus/Financial
Dutch term or phrase: Rentedatum
My instinct tells me this is 'interest date' but the English version of my ABN AMRO bank statements calls its far left column 'value date' whereas the Dutch calls it 'rentedatum'. Which should I use?
Lucy Simpson
Local time: 02:22
value date / valuation date
Explanation:
While Evert is right for most intents and purposes,let's see the other side. Unless the date specifically refers to interest payments, your ABN/AMRO terminology may be better.Even interests are accounted for on a certain date, which is the date on which the "valuation" is made. So the above suggestions would work in both instances.

HTHF
Selected response from:

Alexander Schleber
Belgium
Local time: 03:22
Grading comment
Thank you. The Banking and Insurance Lexicon gives value date, but van Amerongen gives interest date, hence my indecision. Value date it is!
4 KudoZ points were awarded for this answer



Summary of answers provided
na +1value date / valuation date
Alexander Schleber
naInterest date
Evert DELOOF-SYS


  

Answers


26 mins
Interest date


Explanation:
is what I'd use as well.
Most banks never credit accounts the same day money is received, unless you negotiated differently with your bank (and have very substantial income).
Accumulation of all the payments received during e.g. the course of one day but credited one or two days later makes for substantial interests.

The opposite happens when you're supposed to pay: banks (may) debit your payment one day earlier etc

HTH

Evert DELOOF-SYS
Belgium
Local time: 03:22
Native speaker of: Native in DutchDutch, Native in FlemishFlemish
PRO pts in pair: 1278
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37 mins peer agreement (net): +1
value date / valuation date


Explanation:
While Evert is right for most intents and purposes,let's see the other side. Unless the date specifically refers to interest payments, your ABN/AMRO terminology may be better.Even interests are accounted for on a certain date, which is the date on which the "valuation" is made. So the above suggestions would work in both instances.

HTHF

Alexander Schleber
Belgium
Local time: 03:22
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in pair: 826
Grading comment
Thank you. The Banking and Insurance Lexicon gives value date, but van Amerongen gives interest date, hence my indecision. Value date it is!

Peer comments on this answer (and responses from the answerer)
agree  jarry (X): The English is value date
25 mins
  -> Thank you sir.
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