from The American Heritage® Dictionary of the English Language, 4th Edition
- transitive v. To mark or supply with a date that is earlier than the actual date: backdate a check.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- v. To give or assign a date to a document that is earlier than the current date.
from the GNU version of the Collaborative International Dictionary of English
- transitive v. to make effective from an earlier date; to make retroactive.
- transitive v. to affix a date earlier than the present date; -- sometimes done for fraudulent purposes. Opposite of
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- v. make effective from an earlier date
The backdating companies broke this rule: they reported how many options they were issuing, but conveniently omitted the fact that they had been backdated … The bigger reason for choosing to backdate is to get around some bothersome accounting regulations.
By asking to "backdate" gains more than a year in the past, the lawsuit says, Mr. Picower and others at his firm "knew or should have known that they were participating in fraudulent activity."
By asking to "backdate" gains more than a year in the past, the lawsuit said, Mr. Picower and others at his firm "knew or should have known that they were participating in fraudulent activity."
These sources also tell FITS that S.C. Ethics Commission Attorney Cathy Hazelwood may have permitted Miles to "backdate" one of his forms, or affix a prior date so as to make it appear that the document had been filed in a timely fashion.
South Carolina's State Ethics Commission has assessed hundreds of thousands of dollars worth of late fees - much of it to black candidates in low income areas of the state - but it may have let a white state agency head "backdate" his paperwork in order to avoid having to pay these same charges.
Late last week, in an interview with the Florida attorney general, a former senior paralegal in Stern's firm described a boiler-room atmosphere in which employees were pressured to forge signatures, backdate documents, swap Social Security numbers, inflate billings and pass around notary stamps as if they were salt.
Federal prosecutors in Brooklyn had alleged that Comverse Chief Executive Jacob "Kobi" Alexander and others engaged in a scheme to backdate millions of stock options and to secretly award backdated options to favored employees through a "slush fund."
If companies backdate options without properly disclosing and accounting for the move, it can cause profits to be overstated.
If Bay is not ready to start the season, the Mets can backdate his DL stint to March 25, meaning he would be eligible to return April 9 against Washington.
In addition, the OTS purportedly allowed Perry to backdate $18 million in capital so that it could meet its threshold for reserves.
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