What Is a Disposition Date?

What Is a Disposition Date?

What Is a Disposition Date?

According to USLegal, a disposition date can have different meanings, depending on context. A financial disposition date is the settlement date in which a stock or bond transaction takes place on the stock market. This typically occurs three business days after a broker has made the trade or sale.

A criminal disposition is the date that the outcome of a specific case is determined, according to USLegal. This date is used for record keeping and rarely includes a sentence. Those who file grievances can also receive a disposition date. According to The Free Dictionary, a disposition is defined as the court's final decision for a lawsuit or criminal case.