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backdating
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The answer BACKDATING has 1 possible clue(s) in existing crosswords.
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The word BACKDATING is VALID in some board games. Check BACKDATING in word games in Scrabble, Words With Friends, see scores, anagrams etc.
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Definitions of backdating in various dictionaries:
verb - make effective from an earlier date
verb - to date before the actual or a specified time
BACKDATING - Options backdating is the practice of altering the date a stock option was granted, to a usually earlier (but sometimes later) date at which the unde...
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What reconciled sweethearts will be assigning to earlier time |
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Oct 27 2011 The Times - Cryptic |
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To intentionally put 5/8/13 on a document you're writing 3 months later on 8/5/13 is to do this |
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Present participle of backdate. |
make (something, especially a pay increase) retrospectively valid. |
Put an earlier date to (a document) than the actual one. |
Backdating description |
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Options backdating is the practice of altering the date a stock option was granted, to a usually earlier (but sometimes later) date at which the underlying stock price was lower. This is a way of repricing options to make them valuable or more valuable when the option "strike price" (the fixed price at which the owner of the option can purchase stock) is fixed to the stock price at the date the option was granted. Cases of backdating employee stock options have drawn public and media attention.Stock options are often granted to upper management. While options backdating is not always illegal, it has been called "cheating the corporation in order to give the CEO more money than was authorized." According to a study by Erik Lie, a finance professor at the University of Iowa, more than 2,000 companies used options backdating in some form to reward their senior executives between 1996 and 2002. In an "uncanny number of cases," the "companies granted stock options to executives right befor |