DATE

date. 1. The day when an event happened or will happen <date of trial>.2. A period of time in

general <at a later date>.3. An appointment at a specified time <no dates are available>.

answer date.See answer day under DAY.

appearance date.See answer day under DAY.

date of bankruptcy.Bankruptcy. The date when a court declares a person to be bankrupt; the

date of bankruptcy adjudication. • This date may coincide with the voluntary-filing date. [Cases:

Bankruptcy    2202.]

date of cleavage.Bankruptcy. The filing date of a voluntary-bankruptcy petition. • With a few

exceptions, only the debts existing at this time are dischargeable.

date of injury.Torts. The inception date of an injury; the date of an accident causing an injury.

date  of  invention.Patents.  For  purposes  of  a  patent  application,  the  date  when  the  creation

was reduced to practice. • If the invention has not been built, the date of invention is the date when

the patent application is filed, since that is a constructive reduction to practice.

date of issue. 1.Commercial law. An arbitrary date (for notes, bonds, and other documents in

a series) fixed as the beginning of the term for which they run; the date that a stock or bond bears

on its face, not the date on which it is actually signed, delivered, or put into circulation. • When a

bond is delivered to a purchaser, it is considered “issued.” But this concept is distinguishable from

the  “date of  issue,”  which  remains fixed,  regardless  of  the  date  of  sale  or  delivery.  2.Insurance.

The date specified in the policy as the “date of issue,” not the date on which the policy is executed

or delivered, and regardless of other dates that may be specified in the policy or elsewhere, such as the date that the policy is to “take effect.” [Cases: Insurance    3125(5). C.J.S. Insurance § 852.]

date  of  maturity.Commercial  law.  The  date  when  a  debt  falls  due,  such  as  a  debt  on  a

promissory note or bond. [Cases: Bills and Notes    129. C.J.S. Bills and Notes; Letters of Credit

§§ 86–89, 91–99.]

declaration  date.Corporations.  The  date  when  corporate  directors  declare  a  dividend.  Cf.

DIVIDEND  DATE; EX-DIVIDEND  DATE.  [Cases:  Corporations    152.  C.J.S. Corporations  §§

295–299.]

dividend date.See DIVIDEND DATE.

effective  filing  date.Patents.  The  date  that  a  patent  application  is  considered  to  have  been

filed. • The actual filing date may be later, as for a continuing application. But under the doctrine

of  continuity,  the  child  application  is  usu.  entitled  to the  filing  date  of  the  parent application  to

prove priority. — Also termed parent filing date. See CONTINUITY. [Cases: Patents    110. C.J.S.

Patents § 156.]

filing date. 1. Generally, the date when any document is delivered to the appropriate authority.

2.Patents. The date when a patent application is filed. • The filing date closes the door on prior art;

starts the clock on the period of eligibility to file in other countries; sets the priority date for public

use, disclosure, or sale; and (absent other evidence) establishes the date of constructive reduction

to practice. 3.Trademarks. The date when a trademark application is filed.

parent filing date.See effective filing date.

payable date.Corporations. The official date on which shareholder dividends or distributions

become payable. — Also termed record date.

payment date.Corporations. The date on which stock dividends or interest checks are paid to

priority  date.Patents.  The  date  that  will  determine  which  applicant  in  an  interference

proceeding will get a patent. • The priority date is also the cutoff date for prior art. In the United

States the priority date is the date of invention; in the rest of the world it is the date on which the

patent application was filed. See FIRST-TO-FILE SYSTEM; FIRST-TO-INVENT SYSTEM.

record date.Corporations. The date on which a stockholder must own shares to be entitled to

vote  or  receive  a  dividend.  —  Also termed  date  of  record.  See  EX-DIVIDEND  DATE.  [Cases:

Corporations    155(2), 194, 197. C.J.S. Corporations §§ 301, 364–367, 373, 375–378.]

settlement date.Securities. 1. The date on which an investor must pay the broker for securities

purchased. 2. The date on which a seller must deliver negotiable certificates for securities sold.

submission date. 1. The date that a case is to be submitted to a court for determination. 2. The

date on  which an investor  must  pay the broker for securities purchased. 3.  The  date on  which a

seller must deliver negotiable certificates for securities sold. [Blacks Law 8th]