effective date of rate

USAGE SUMMARY

The phrase "effective date of rate" is correct and usable in written English.
It can be used in contexts related to finance, contracts, or pricing where a specific date is established for a rate to take effect. Example: "The effective date of rate for the new service plan will be January 1st, 2024."

✓ Grammatically correct

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Frank said that if credit card companies continue to jack up rates in advance of the effective date of the reform bill recently passed, "we could move that effective date up a few months in the reg reform bill".

Huffington Post

An article on Dec. 7 about Scotland's high rates of smoking and obesity misstated the effective date of a proposed ban on smoking in public places.

The New York Times

Like Dr. Opio, retailers are aware of the effective date of the law.

The New York Times

It postponed the effective date of the road-building regulation for 60 days for further review.

The New York Times

The new administration could try to postpone the effective date of the rule, pending judicial review.

The New York Times

The effective date of the move was announced Wednesday by the interior secretary, Ken Salazar.

The New York Times

But the judge delayed the effective date of his order until Wednesday.

The New York Times

The tax must be paid within 30 days of the effective date of the transaction, which in most circumstances is the date of completion on the property.

The Guardian - Money

(The date has no meaning except that it is an effective date of one rejiggering).

Forbes

The intervention assessed was the effective date of each state's FSC legislation (Coalition for Fire-Safe Cigarettes 2011).

Injury Epidemiology

What if you sold a house before the May 7 , 1997effective date of the new law?

Forbes

Expert writing Tips

Best practice

When specifying the "effective date of rate", always clarify the time zone to avoid potential confusion, especially in international contexts.

Common error

Avoid using only the "effective date of rate" without clearly defining what the rate applies to (e.g., interest rate, tax rate, exchange rate). Always specify the type of rate to ensure clarity.

Linguistic Context

The phrase "effective date of rate" functions as a noun phrase that identifies the specific date on which a particular rate becomes operational or applicable. Ludwig AI validates its grammatical correctness.

Expression frequency: Missing

Frequent in

Formal & Business

0%

News & Media

0%

Science

0%

Less common in

Science

0%

News & Media

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Formal & Business

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Ludwig's WRAP-UP

In summary, the phrase "effective date of rate" serves to pinpoint the commencement date for a given rate in various formal contexts. Ludwig AI confirms that the phrase is grammatically correct. While examples are currently missing, alternatives like ""rate implementation date"" or "date rate takes effect" can be used depending on the nuance desired. When using this phrase, ensure to specify the type of rate and time zone for clarity, which ensures its meaning is unambiguous and prevents potential misunderstandings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

date rate takes effect

Emphasizes the moment the rate becomes operational.

rate implementation date

Replaces "effective" with "implementation", focusing on the action of putting the rate into effect.

commencement date of rate

Replaces "effective" with "commencement", indicating the beginning of the rate.

date rate becomes applicable

Uses a more descriptive approach, clarifying when the rate starts to apply.

rate start date

A more concise alternative, directly indicating when the rate begins.

date of rate application

Focuses on the application of the rate from a specific date.

rate activation date

Uses the term "activation" to suggest the rate is becoming active.

rate initiation date

Suggests the start or initiation of the rate from a given date.

application date of rate

Focuses on the date when the rate is first applied or used.

official rate launch date

Emphasizes the official launch or introduction of the rate.

FAQs

How to use "effective date of rate" in a sentence?

You can use "effective date of rate" to specify when a particular rate will be applied, such as in contracts or financial agreements. For example: "The "rate implementation date" for the new service agreement is January 1, 2026".

What can I say instead of "effective date of rate"?

You can use alternatives like "date rate takes effect", "rate start date", or "rate activation date" depending on the context.

Which is correct, "effective date of rate" or "date of effective rate"?

"Effective date of rate" is the more standard and commonly used phrasing. "Date of effective rate" is less common and may sound awkward to native English speakers.

What's the difference between "effective date of rate" and ""rate implementation date""?

While both phrases are similar, "effective date of rate" simply states when the rate becomes active. "Rate implementation date" implies a process of putting the rate into effect, suggesting a more active or deliberate action.