RETROACTIVE Definition

Bookmark and Share

RETROACTIVE is to affect and modify things past, e.g. a retroactive tax increase.

Learn new Accounting Terms

CREDIT CONTROL is policies and procedures aimed at controlling the granting of credit.

SPLIT-INTEREST AGREEMENT, in not-for-profits, is a contribution to the institution in which the institution must share the investment income/benefits with the donor and other beneficiaries if designated.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.