adjust a non-business day according to the given convention

Finance[AdjustDate] - adjust a non-business day according to the given convention

	Calling Sequence
	AdjustDate(date, calendar, opts)

Parameters

date	-	a string containing a date specification in a format recognized by ParseDate or a date data structure
calendar	-	a name representing a supported calendar (e.g. Toronto, NewYork) or a calendar data structure created using the Calendar constructor
opts	-	(optional) equation(s) of the form option = value where option is one of convention or output; specify options for the AdjustDate command

Description

•	The AdjustDate function adjusts a non-business day to the appropriate near business day with respect to the given convention.

•	The parameter date must be a date specified in any of the formats recognized by the ParseDate command.

•	The parameter calendar must be either a name representing a supported calendar (e.g. Toronto, NewYork) or a calendar data structure created using the Calendar constructor.

•	Business day (date rolling) convention specifies the algorithm used to adjust a date in case it is not a valid business day. Here are the business day conventions supported by the package.

Unadjusted	Do not adjust.
Preceding	Choose the first business day before the given holiday.
ModifiedPreceding	Choose the first business day before the given holiday unless it belongs to a different month, in which case choose the first business day after the holiday.
Following	Choose the first business day after the given holiday.
ModifiedFollowing	Choose the first business day after the given holiday unless it belongs to a different month, in which case choose the first business day before the holiday.
MonthEndReference	Choose the first business day after the given holiday; if the original date falls on the last business day of the month, result reverts to the first business day before month-end.

Options

•	The opts argument can contain one or more of the options shown below.

•	convention = Unadjusted, Preceding, ModifiedPreceding, Following, ModifiedFollowing, or MonthEndReference -- Provide business day conventions; default value is Following.

•	output = data or formatted -- Specify the type of output the AdjustDate command should return. If this option is set to data (default) the record containing the data information is returned. Otherwise the data is formatted using the format deduced from the original date.

Compatibility

•	The Finance[AdjustDate] command was introduced in Maple 15.

•	For more information on Maple 15 changes, see Updates in Maple 15.

Examples

Define a calendar with three holidays: September 1, 2006, September 29, 2006, and September 30, 2006.

(1)

(2)

(3)

Adjust the first holiday using various business day conventions.

(4)

(5)

(6)

(7)

(8)

Adjust the second holiday using various business day conventions.

(9)

(10)

(11)

(12)

(13)

	See Also
	Finance[AddHoliday], Finance[AdvanceDate], Finance[Calendar], Finance[Calendars], Finance[IsBusinessDay], Finance[IsEndOfMonth], Finance[IsHoliday], Finance[JoinBusinessDays], Finance[JoinHolidays], Finance[RemoveHoliday]