acquisition date

USAGE SUMMARY

The phrase "acquisition date" is correct and usable in written English.
It is typically used in contexts related to business, finance, or legal documents to refer to the specific date on which an asset or company was acquired. Example: "The acquisition date for the new software was recorded as March 15, 2023."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

54 human-written examples

The share acquisition date is the first date that the interested shareholder exceeds this amount.

The New York Times

No capital gains taxes are due on any increase in value from the acquisition date until the owner dies.

The New York Times

For instance, his disclosure form for calendar year 2006 lists 13 mutual funds with values from $54,013 to $286,000 but omits any acquisition date.

The New York Times

The Mount Pleasant site offered relatively quick occupancy, with the move-in planned less than two years from the acquisition date.

The New York Times

In practical terms the effect is that use for 20 years before the acquisition date may be relied on by the applicants.

The Guardian

*Acquired; performance through acquisition date.

Forbes

EQ Acquisition date master image Acquisition date slave image Time (JST) Flight direction Looking direction Obs.

Earth, Planets and Space

Human-verified similar examples from authoritative sources

Similar Expressions

4 human-written examples

The works are illustrated in color where possible, but the Art Institute provides no details about provenance except its acquisition dates.

The New York Times - Arts

SAR acquisition dates and perpendicular baselines.

Earth, Planets and Space

All the measurement and acquisition dates and times were carefully reported.

EJNMMI Physics

Table 2 lists the five examined SAR data pairs and their acquisition dates.

Earth, Planets and Space

Expert writing Tips

Best practice

When documenting assets or financial transactions, clearly state the "acquisition date" to establish a precise timeline for depreciation, tax, and legal purposes.

Common error

Avoid using "acquisition date" interchangeably with the inception or creation date. The "acquisition date" refers specifically to when ownership was obtained, which may differ from when the asset was originally created or developed.

Linguistic Context

The phrase "acquisition date" functions as a noun phrase, typically serving as an attribute or qualifier to specify when an asset, company, or item was acquired. As confirmed by Ludwig AI, it is grammatically correct and commonly used.

Expression frequency: Very common

Frequent in

Science

37%

News & Media

32%

Formal & Business

31%

Less common in

Wiki

1%

Reference

0%

Social Media

0%

Ludwig's WRAP-UP

The phrase "acquisition date" is a commonly used noun phrase that specifies the date on which something was acquired, whether it's an asset, a company, or data. According to Ludwig AI, it's grammatically correct and suitable for various contexts, especially in science, news, and business settings. Its primary function is to provide precise timing for accounting, legal, or historical purposes. While alternative phrases like "purchase date" exist, "acquisition date" offers a broader meaning, encompassing various methods of obtaining ownership. Using it correctly ensures clarity and accuracy, especially when dealing with financial transactions or asset documentation.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Date of acquisition

A more formal phrasing, suitable for legal or official documents.

Purchase date

Focuses on the act of buying, suitable when emphasizing the transaction itself.

Procurement date

Suggests a formal or official process of acquiring something.

Effective date of acquisition

Emphasizes when the acquisition becomes legally valid or operational.

Date of obtaining

A general alternative applicable to various contexts of acquiring something.

Initial acquisition date

Specifies the very first instance of acquiring the item, useful where there are multiple acquisitions.

Start date of ownership

Highlights the beginning of possessing or controlling something.

Date of transfer

Applicable when ownership is transferred from one party to another.

Date of gaining

Suggests effort or process of achieving ownership or possession.

Date of receipt

Focuses on the moment something was received, suitable for tangible items.

FAQs

How is "acquisition date" used in financial contexts?

In finance, the "acquisition date" is crucial for determining the cost basis of an asset, calculating capital gains or losses upon disposal, and for accounting purposes such as depreciation and amortization.

What's the difference between "purchase date" and "acquisition date"?

While often used interchangeably, "purchase date" typically refers to the date an item was bought. "Acquisition date" can encompass other means of obtaining something, such as through a merger or gift, not just a direct purchase.

Can the "acquisition date" affect tax implications?

Yes, the "acquisition date" is vital for determining the holding period of an asset, which directly impacts whether gains or losses are classified as short-term or long-term for tax purposes.

What information is required when documenting the "acquisition date" of an asset?

Typically, only the specific calendar date (day, month, and year) is required. However, keeping supporting documentation (receipts, contracts) is crucial to verify the "acquisition date" if needed.