What does it mean for something to be retroactive?
What does it mean for something to be retroactive?
Definition of retroactive : extending in scope or effect to a prior time or to conditions that existed or originated in the past especially : made effective as of a date prior to enactment, promulgation, or imposition retroactive tax.
What does retroactive action mean?
If a decision or action is retroactive, it is intended to take effect from a date in the past.
How do you use retroactively in a sentence?
Retroactively in a Sentence The woman’s pay raise will be applied retroactively, so that she will receive extra funds all the way back to June. 2. Because he was found to be a traitor to his country, the soldier’s benefits were stripped retroactively to his first date of service.
What’s another word for retroactive?
What is another word for retroactive?
| ex post facto | attendant |
|---|---|
| retrospective | sequent |
| subsequent | succeeding |
| after the fact | done afterward |
| post factum | backdated |
What is a retroactive date?
A retroactive date defines how far back in time a loss can occur for your policy to cover your claim. If a claim happens prior to your retroactive date, your policy won’t provide benefits. It’s a feature of claims-made professional liability or errors and omissions insurance.
What does retroactive payment mean?
Retroactive pay, or retro pay as it is sometimes known, is when a business issues its employees money to correct a previous underpayment. Any business that has a cohesive accounting department will not encounter the need for retroactive pay often.
What is a retroactive payment?
The definition of retro pay (short for retroactive pay) is compensation added to an employee’s paycheck to make up for a compensation shortfall in a previous pay period. This differs from back pay, which refers to compensation that makes up for a pay period where an employee received no compensation at all.
What does retroactively refund mean?
Rebate, retroactive refund or credit given to a buyer after he has paid the full list price for a product or for a service such as transportation. 2. Encyclopedia Britannica.
What is retroactive payment?
What is Retro effective date?
What is opposite of retroactive?
Antonyms & Near Antonyms for retroactive. unreflective.
What is a retroactive charge?
The definition of retroactive is that something goes into effect as of a prior date. An example of retroactive is when you are charged fees for service from the start of the month even if you don’t sign a contract for the service until the 10th day of the month.
What does retroactive mean?
retroactive adjective. descriptive of any event or stimulus or process that has an effect on the effects of events or stimuli or process that occurred previously. ex post facto, retroactive, retro adjective. affecting things past “retroactive tax increase”; “an ex-post-facto law”; “retro pay”
What does retroactively mean?
retroactively adverb. Done after the fact; applying to events that have previously transpired. The new legislature passed a resolution retroactively legalizing the actions of the revolutionaries that brought them to power.
What is another word for retroactively?
Synonyms for retroactive include backdated, retrospective, ex post facto, retrograde, revisional, backward, backward-looking, attendant, posterior and postmortem. Find more similar words at wordhippo.com!
What does retroactive law mean?
What does retroactive-law mean? (law) Any law that makes a prior legal act illegal, or increases the penalty for a prior illegal act. (noun)
