Used in the context of bonds to refer to the date on which a bond is issued and when interest accrues to the bondholder Used in the context of stocks to refer to the date trading begins on a new stock issued to the public
The date the insurance application is approved and the policy is issued by the insurance company This is not necessarily the same as the date of the policy or the date the insurance becomes effective However, life insurance policies frequently determine suicide and incontestability clauses based on the date of issue