Backdating


Backdating
Dating any document by a date earlier than the one on which the document was originally drawn up. Under most circumstances, backdating is seen as fraudulent and illegal, although there are some situations in which backdating can be used in a legal and beneficial way, such as backdating a claim for a past period.

Sometimes certain claims (such as insurance claims) can be backdated if the could not be completed at an earlier date, although there must be good reason for neglecting to claim in advance. If your backdated claim is approved, you will be able to receive benefits from a certain date in the past.


Investment dictionary. . 2012.

Look at other dictionaries:

  • backdating — Predating a document or instrument prior to the date it was actually drawn. The negotiability of an instrument is not affected by the fact that it is backdated. Dictionary from West s Encyclopedia of American Law. 2005. backdating …   Law dictionary

  • backdating — In the context of mutual funds, a feature allowing fundholders to use an earlier date on a letter of intent to invest in a mutual fund in exchange for a reduced sales charge, e.g. Giving retroactive value to purchases from the earlier date.… …   Financial and business terms

  • backdating — v. apply an earlier date …   English contemporary dictionary

  • backdating — Predating a document or instrument prior to the date it was actually drawn. The negotiability of an instrument is not affected by the fact that it is backdated. U.C.C. No. 3 114 …   Black's law dictionary

  • backdating — Predating a document or instrument prior to the date it was actually drawn. The negotiability of an instrument is not affected by the fact that it is backdated. U.C.C. No. 3 114 …   Black's law dictionary

  • Options backdating — is the practice of issuing options contracts on a later date than that which the options have listed. While options backdating is not, in and of itself, an illegal practice,[1] intentional backdating that coincides with low underlying stock… …   Wikipedia

  • Exercise Backdating — A practice where option holders fraudulently claim to have exercised their call options at a specific time in the past, where in reality, the options were exercised much later. Exercise backdating is often performed by executives who wish to… …   Investment dictionary

  • Options Backdating — The process of granting an option that is dated prior to the date that the company granted that option. In this way, the exercise price of the granted option can be set at a lower price than that of the company s stock at the granting date. This… …   Investment dictionary

  • ДАТИРОВАНИЕ ПРОШЛЫМ ЧИСЛОМ — BACKDATINGУказание на документе даты, предшествующей той, на к рую он был подготовлен или выставлен. Датирование задним числом имеет целью нарушение закона или этических норм …   Энциклопедия банковского дела и финансов

  • UnitedHealth Group — Inc. Type Public Traded as NYSE: UNH …   Wikipedia


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