The best replacement for effective date is closing date.

The best alternatives to effective date are rated as following:
★★★★★  closing date
★★★★  execution date
★★★  settlement date
★★★  issue date
★★★  commencement date
★★  date of rank
★  trade date
★  compliance date
★  value date
  affective date
  effective date

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Google Trends

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effective date
closing date
execution date