transaction commencement
[træn'zækʃən kə'mensmənt]
nounpl: transaction commencements
início da transação
1. The moment or point at which a business transaction, financial exchange, or commercial operation officially begins or starts
The transaction commencement occurred when both parties signed the contract.
O início da transação ocorreu quando ambas as partes assinaram o contrato.
2. In legal and financial contexts, the date or time when rights and obligations under a transaction become effective
The transaction commencement date was set for January 1st, 2024.
A data de início da transação foi estabelecida para 1º de janeiro de 2024.
This is formal business and legal terminology used primarily in financial, corporate, and legal documents in both Brazil and the USA. The term is essential in contracts, financial agreements, and regulatory filings where precise timing of obligations is critical.
Related Idioms & Phrases
from transaction commencement
upon transaction commencement
as of transaction commencement
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