grandfather

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grandfather

[′gran‚fath·ər]
(computer science)
A data set that is two generations earlier than the data set under consideration.
References in periodicals archive ?
We note that the Regulations include special rules regarding the maintenance of grandfathered status with respect to collectively bargained health plans.
About 60% of our larger employer clients are planning on forgoing grandfathered status, which means they can do whatever they might chose to do in terms of plan design changes," says Randall Abbott, a senior consultant at Towers Watson.
According to the DHHS fact sheet about keeping the plan you have, between 36 percent and 66 percent of large employers will still be grandfathered in 2013, a year before many of required plan changes--including the essential benefits package--go into effect.
The interim final regulations estimate that approximately 51 percent of all employer plans will lose their grandfathered status by the end of 2013.
It first looked to determine if Congress had spoken directly to the question of whether the exercise, release or lapse of a GPA granted under a grandfathered GSTT-exempt trust was a "transfer under the trust" for purposes of TRA '86 Section 1433(b)(2)(A).
Often, the trustee of a grandfathered trust is hesitant to make minor or administrative changes to the trust, for fear that such modification may cause the trust to lose its grandfathered status.
Many business owners also demanded that a grandfathered rights clause be written into the ordinance, to allow existing, nonconforming signs to remain, but require new owners to comply in the future.
The grandfathered commitment will allow Greyhawk to grow from its $5.
They become detached from the Common Stock and become immediately exercisable after any person or group that is not a grandfathered stockholder becomes the beneficial owner of 10% or more of the Company's Common Stock or 10 days after any person or group announces a tender or exchange offer that would result in that same beneficial ownership level, other than pursuant to certain "Permitted Offers.
A number of those people who would be grandfathered got their apartments because they knew the unit was protected and the owner did not.
Therefore, the ITFA grandfathered state laws that were in effect and legally enforceable prior to that date.