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Forward dating

Forward dating, also called postdating or post-dating, is the signing of a document with a timestamp with a later (more recent or future) date and time than the time the document was actually signed. The opposite is backdating, i.e. writing an earlier date/time than what is actually the time when the time is written. Backdating and forward dating are in many cases undesirable, and can constitute document forgery, but can also have legitimate purposes.

Examples

Tax authorities often forward date documents such as refunds, because the final payment occurs after mailing but before the date on the letter.

Forward dating can also be done in tax fraud if the tax rate for a particular transaction has just been lowered. By forward dating the document, the person concerned pays the new rate.

In insurance fraud, forward dating can be used to give the impression in a claims report that a claim occurred later, thus giving the impression that the insurance was already in effect when the claim occurred.

Other examples:

  • Post-dated cheque

References

References

  1. (2021-08-20). "What is Forward dating? {{!}} Definition & Examples".
  2. "Euronext - Anti-Fraud Policy (2021)".
  3. (2014-01-23). "Post Dating: Is your content timeless or dated? -".
Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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