Business day

A business day means any day except a legal holiday. It may also be defined as any day in which the New York Stock Exchange is open for trading or any day except those on which banking institutions are authorized or required by law or other governmental action to close[1] It depends on the local workweek which is dictated by local customs, religions, and business operations.

  1. ^ "Business Day Definition: 410k Samples". Business Day means any day other than a Legal Holiday." or "Business Day means any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the Securities and Exchange Commission.

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