Cutting Date definition
Cutting Date. The day on which the coupon is physically "cut" from the bond. Dated Date: The day interest starts accruing on a new issue or tap, frequently the issue date.
Examples of Cutting Date in a sentence
Record Date (or Cutting Date): The record date determines, from a custodial perspective, who actually receives the next coupon payment.
Lessee agrees to abide by any designated access instructions that may be described or depicted in Exhibit A and adhere to the restrictions therein pertaining to the Number of Cuttings per Year, Earliest Cutting Date and Latest Cutting Date as well as the Best Management Practices and Contact Requirements.