Adjustment Date: Canada Debt .ca defines Adjustment Date

Bankruptcy Term Adjustment Date

<<< Back

Canada Debt has the definition to the bankruptcy and debt term Adjustment Date. Finding answers to terms such as Adjustment Date can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Adjustment Date in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Adjustment Date' is used as follows:

The date on which parties agree that certain financial adjustments will be made to a contract. For example, on the sale of property, there is an adjustment date set which is the time for the costs, such as property taxes, water, etc., to be apportioned between the purchaser and the vendor.