retroaction

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Related to retroactive: Retroactive law, retroactive effect

retroaction

[¦re·trō′ak·shən]
(control systems)
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These are given to companies who have been in business for a long time and have substantially exposure, however any pending or prior litigation are not entertained before the retroactive date.
Gillette is the latest in a series of state court decisions that have used an extraordinarily permissive standard to evaluate the validity of retroactive tax legislation.
DETROIT -- Placed RHP Bruce Rondon on the 15-day DL, retroactive to April 1.
The Commission has repeatedly described retroactive measures in critical terms, arguing that changes to previously made investments will deter future investments in that member state.
Because the credit expired in 2011 and was made effective for tax year 2012 through retroactive legislation enacted in 2013, calendar-year taxpayers may not recognize the benefit of the R&D credit for purposes of their 2012 financial statement.
Let's go back to our example of Harry's Hotel; the claims-made policy is effective on 1/1/2003, with a retroactive date of 10/1/2002.
More applications were being made for retroactive awards to cover deficiencies, rather than treating it as water under the bridge.
The retroactive payments will affect those retirees who qualified for payments when the laws took affect to the point their payments begin.
Here are some retroactive requirements for high-rise office buildings that are coming next year: there will be a requirement for powered illuminated exit signs in stairwells and their horizontal extensions to indicate the transition from vertical to horizontal direction and at turns along the horizontal path, mandatory back up power for exit signs.
They will also be awarded interest on the payments retroactive to 1992.