What is the definition of Broken date? | Dictionary.net

BROKEN DATE

\bɹˈə͡ʊkən dˈe͡ɪt], \bɹˈə‍ʊkən dˈe‍ɪt], \b_ɹ_ˈəʊ_k_ə_n d_ˈeɪ_t]\

Definitions of BROKEN DATE

1910 - Black's Law Dictionary (2nd edition)

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An offtherun COUPON payment date on a FIXED INCOME security, e.g., 28 or 58 days, rather than the conventional 30 or 60 days.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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