What does As of Date mean?
How do you define as of date?
What are the common mistakes in Business English?
In this article, I will break down the notion of As of Date so you know all there is to know about it!
Keep reading as we have gathered exactly the information that you need!
Let me explain to you the meaning of As of Date once and for all!
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Let’s get started!
As of Date Overview
In business, contracts, financial documents, and other more formal documents, it’s possible that you come across the phrase “as of date”.
As of date general refers to the date where something begins, starts, or takes effect.
As of March 1, 20XX, the agreement will become effective
In essence, “as of date” designates the point in time from which something occurs.
This means that as of the specified date, something happens.
According to The Law Dictionary, as of date is defined as follows:
1. payment terms on an invoice that require repayment on a different date than the creation of said invoice. 2. the date when an agreement becomes official. 3. date when data is applied.
As you can see from this legal definition, as of date can mean:
- Date as of which payment is required
- Date as of which a contract comes into force
- Date as of which data is recorded
When you’re drafting a contract or legal document, it’s important that you correctly define the date on which an obligation is due or something is scheduled to take place.
Definition In English
According to the Merriam-Webster dictionary, “as of” is defined as:
A time or date at which something begins or ends
An example of something beginning is:
As of January 1st, your phone will be activated
An example of something ending is:
As of December 31st, your contract will end
As of Date In A Sentence
Here are some examples of how you would use as of date in a sentence:
- As of [Date], this document has been filed in the court record
- As of [Date], you are eligible to apply
- As of [Date], your company has been duly registered
Although as of date is made of three little words, many can confuse its meaning.
If you’re going to use the phrase “as of date” in your contracts, legal documents, or other formal documents, it’s important that you properly understand its meaning.
In essence, as of date can mean “on”, “since” or “from”.
Let me explain to you what I mean.
Let’s analyze the following three sentences:
- The contract will come into force as of (date)
- The contract has been in effect as of (date)
- The contract is in effect as of (date)
In the first sentence, we are saying that the contract will come into force “on” the specified date.
In the second sentence, we are saying that the contract has been in effect “since” the specified date.
And in the third sentence, we are saying that the contract is in force “from” the specified date.
As of Date Meaning Takeaways
So there you have it folks!
As of date is a short phrase but can have different meanings depending on the context.
In common English, it is understood to mean the date when something begins or will end.
In legal writing and contracts, you’ll need to be more careful as it could mean “on”, “since”, or “from”.
In this article, I went over the common definition of as of date in English, its legal definition, and the common mistakes you should avoid.
Good luck with your business writing!
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