What is the difference between retrospective and retroactive?
A retroactive statute operates as of a time prior to its enactment. It therefore operates backwards in that it changes the law from what it was. A retrospective statute operates for the future only. It is prospective, but imposes new results in respect of a past event.
/ˌret.rəˈspek.tɪv.li/ in a way that relates to or involves thinking about something that happened in the past: Retrospectively, I can see where we went wrong.
: 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.
if a law, decision, etc. is retrospective, it has effect from a date in the past before it was approved: The new law will not be retrospective. He described stamp duty on property transactions as 'an unfair and retrospective tax' on long-term savers.
The adjective retroactive refers to something happening now that affects the past. For example, a retroactive tax is one that is passed at one time, but payable back to a time before the tax was passed.
Retrospective means looking back. An art exhibit that cover an artist's entire career is called a retrospective because it looks back at the work the artist has produced over many years. Retro- means back, -spect- means look (think: spectacles), so the word means literally 'a looking back.
Definition: A retrospective is a meeting held after a product ships to discuss what happened during the product development and release process, with the goal of improving things in the future based on those learnings and conversations.
: of or relating to the past or something that happened in the past. They issued a retrospective report. a retrospective analysis of what went wrong. The museum is having a retrospective exhibit of the artist's early works.
to look back in thought; refer back (often followed by to): to retrospect to a period in one's youth. to look back upon; contemplate retrospectively.
remembering, attendant, posterior, post factum, postmortem, retrospective, sequent, subsequent, succeeding, backward, reviewing.
How can a simple sentence be retroactive?
- They all received a retroactive pay raise.
- The new tax will be retroactive to January 1.
if a law, decision, etc. is retroactive, it has effect from a date in the past before it was approved: The changes will not be retroactive. The Justice Department had opposed the retroactive application of the guidelines. retroactive to sth The proposed pay raises are retroactive to July 1.
Retrospective means; looking back on. Opposites of Retrospective; forward-thinking. future. about future.
1. looking or directed backwards, esp in time; characterized by retrospection. 2. applying to the past; retroactive.
: a law that operates to make criminal or punishable or in any way expressly affects an act done prior to the passing of the law compare ex post facto law.
adjective. If a decision or action is retroactive, it is intended to take effect from a date in the past.
New laws enacted by the legislature usually affect only future conduct. Sometimes, however, legislation affects cases that are pending in the court system or conduct that occurred before the law was passed, these cases are known as “retroactive laws.”
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.
Wikipedia describes Retro style as “a style that is consciously derivative or imitative of trends, modes, fashions, or attitudes of the recent past. It generally implies a vintage of at least fifteen or twenty years. For example, clothing from the 1980s or 1990s could be retro.
up-to-date.
When should you do a retrospective?
Identify how to improve teamwork by reflecting on what worked, what didn't, and why. We recommend running a Retrospective with your team every couple of weeks or at the end of a project milestone.
The Retrospective Summary report is an overview of a retrospective meeting held after the sprint is finished. The report may be beneficial to Scrum Masters, team leaders and members, and product owners for reviewing the last sprint and outcomes. This report is generated by selecting a PI, team type, and sprint.
A retrospective is a meeting held for the purpose of reflecting on the product development or workflow process. The aim of a retrospective is to look closely at the processes and products produced during a sprint, discuss these as a team, and decide on a way forward together to drive constant improvement.
| posteriorly | retroactively |
|---|---|
| subsequently | succeedingly |
retroact. / (ˈrɛtrəʊˌækt) / verb (intr) to act in opposition. to influence or have reference to past events.
Some common synonyms of reminiscence are memory, recollection, and remembrance. While all these words mean "the capacity for or the act of remembering, or the thing remembered," reminiscence suggests the recalling of usually pleasant incidents, experiences, or feelings from a remote past.
The adjective retroactive refers to something happening now that affects the past. For example, a retroactive tax is one that is passed at one time, but payable back to a time before the tax was passed.
In retrospect, I wish that I had thought about alternative courses of action. It was a very strange feeling in retrospect–I was frightened, but excited at the same time.
(1) She wrote retrospectively about her childhood. (2) Retrospectively, it seems as if they probably were negligent. (3) Retrospectively, I can see where we went wrong.
retroactive (adj.)
"casting or relating back," from Latin retroact-, past-participle stem of retroagere "drive or turn back," from retro "back" (see retro-) + agere "to drive, set in motion" (from PIE root *ag- "to drive, draw out or forth, move"). Related: Retroactively; retroactivity.
What is a retroactive effective date?
What Is a Retroactive Date? A retroactive date dictates when an insured's error or omission giving rise to a claim can take place - on or after the retroactive date, which is typically listed in the policy's declarations.
(rɛtroʊæktɪv ) adjective. If a decision or action is retroactive, it is intended to take effect from a date in the past. [formal] There are few precedents for this sort of retroactive legislation.
Definition. The Oxford Dictionary of Law defines retrospective or retroactive legislation as “legislation that operates on matters taking place before its enactment, e.g. by penalising conduct that was lawful when it occurred.
Retrospective laws are laws that change what people's rights and responsibilites were in the past. In other words, they are laws that are passed today that change what was legal or illegal yesterday. Retrospective laws may undermine the rule of law by unfairly changing the laws relating to certain situations.
In prospective studies, individuals are followed over time and data about them is collected as their characteristics or circumstances change. Birth cohort studies are a good example of prospective studies. In retrospective studies, individuals are sampled and information is collected about their past.
If a decision or action is retroactive, it is intended to take effect from a date in the past.
- attendant.
- done afterward.
- post factum.
- posterior.
- postmortem.
- retrospective.
- sequent.
- subsequent.
According to the Oxford Dictionary of Law, retrospective (or retroactive) legislation is: Legislation that operates on matters taking place before its enactment, e.g. by. penalizing conduct that was lawful when it occurred.
Example Sentences. Adjective They issued a retrospective report. a retrospective analysis of what went wrong The museum is having a retrospective exhibit of the artist's early works. Noun The museum is featuring a retrospective of Picasso's early works.
Under the full retrospective approach, you will determine the cumulative effect of applying the new standard as of the beginning of the first historical period presented, and you will recast revenue and expenses for all prior periods presented in the year of adoption of the new standards.
What does retroactive approval mean?
/ˌretrəʊˈæktɪv/ us. if a law, decision, etc. is retroactive, it has effect from a date in the past before it was approved: The changes will not be retroactive.
ret·ro ˈre-(ˌ)trō : relating to, reviving, or being the styles and especially the fashions of the past : fashionably nostalgic or old-fashioned. a retro look. retro noun.
Retrospective means Implementation new accounting policies for transaction, event, or other circumstances as if it had been implemented. In other words, retrospective will effect presentation of financial statements for previous periods.
Non-retroactivity is the legal principle that laws do not apply retroactively, whether international laws such as treaties or in criminal law (opposing ex post facto law).