RETROACTIVE is to affect and modify things past, e.g. a retroactive tax increase.
USAGE VARIANCE is the difference between the budgeted quantity of materials and the actual quantity used.
BONDED is to: a. secure payment of duties and taxes on (goods) by giving a bond; or, b. convert into a debt secured by bonds; or, c. provide a bond for or cause to provide such a bond (e.g., to bond an employee) that guarantees any monetary loss caused by intentional acts by the bonded employee.
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