An effective date is the specific date when a law, contract, policy, or treaty becomes applicable or ceases to be enforced. It is used in various fields such as business, employment, insurance, and public policy. Also known as an enactment date, an effective date is the specific month, day, and year when a law, contract, […]
Effective bandwidth is the actual speed of data transmission, which is often lower than the theoretical maximum due to factors such as distance and packet delays. Broadband providers limit total bandwidth to balance demand and cost, resulting in slowdowns during peak times. Effective bandwidth is the actual speed at which data can be transmitted over […]
Effective nuclear charge is the force of attraction of the nucleus on an electron after the repulsive force of the electrons has been broken down. It is found through the formula Z(effective)=ZS, where Z is the positive charge and S is the number of electrons in fully occupied orbitals. The effective nuclear charge of an […]
An effective authority is authorized to act on behalf of another, with decisions legally binding and enforceable in court. Explicit written authority is safest, but implied or oral authority may also be valid. Written confirmation is recommended, and proof of authority may be requested. An effective authority is a party authorized to act as an […]
Effective reach measures the percentage or number of people who view or read an ad, and is important in evaluating the success of a campaign. Different metrics are used for different media, and frequency of ads viewed is also crucial for making a lasting impression on potential consumers. An effective reach is a value that […]
Effective change management involves increasing employee communication, engagement, and buy-in to respond to changes in the business environment. It requires changing the personal involvement of executives and employees, instilling effective change management principles, and approaching change from a proactive position to avoid reactive issues. Effective change management is a process that companies use to make […]
Nominal interest rates accrue annually, while effective interest rates accrue on a non-annual basis. Effective rates can be calculated using a formula that adjusts the amount based on how often interest is earned each year. Different time periods in which interest accrues create different interest rates on the same initial loan. While nominal and effective […]
