Date Certain

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Dictionary Says

Definition of 'Date Certain'

A term identifying the date on/by which the specified actions of a contract can be reasonably completed. This date is important, as it is generally considered legally binding.
Investopedia Says

Investopedia explains 'Date Certain'

The third Friday of each month is an example of a date certain for option expiry. Remember, options (and in fact all derivatives) are simply contracts between two parties.

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