Meaning of “prompt date” in the English Dictionary

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"prompt date" in Business English

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prompt datenoun


a date for delivery of a commodity (= metal, oil, farm product, etc.) in a futures contract (= agreement to buy and sell a particular product on a particular date in the future at a fixed price):

The prompt date is the first Wednesday of July.

(Definition of “prompt date” from the Cambridge Business English Dictionary © Cambridge University Press)