effect

dividend drag
zero-coupon bond

Definition

noun
  1. a result
    ExampleThe effect of the pay increase was to raise productivity levels.
  2. an operation
    Usage
    terms of a contract which take effect or come into effect from January 1st
    terms which start to operate on January 1st
    Usage
    prices are increased 10 per cent with effect from January 1st
    new prices will apply from January 1st
    Usage
    to remain in effect
    to continue to be applied
  3. meaning
    Usage
    a clause to the effect that
    a clause which means that
    Usage
    we have made provision to this effect
    we have put into the contract terms which will make this work
verb
to carry out
Usage
to effect a payment
to make a payment
Usage
to effect customs clearance
to clear something through customs
Usage
to effect a settlement between two parties
to bring two parties together and make them agree to a settlement

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