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Prospective refers to an event that is likely or expected to happen in the future. For example, a prospective student is someone who is considering attending a school. A prospective cohort study is a type of study, e.g., in sociology or medicine, that follows participants for a particular future time period.
A retrospective (from Latin retrospectare, "look back"), generally, is a look back at events that took place, or works that were produced, in the past.As a noun, retrospective has specific meanings in software development, popular culture, and the arts.
Cohort studies can be retrospective (looking back in time, thus using existing data such as medical records or claims database) or prospective (requiring the collection of new data). [3] Retrospective cohort studies restrict the investigators' ability to reduce confounding and bias because collected information is restricted to data that ...
In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. [ 1 ] [ 2 ] Sunk costs are contrasted with prospective costs , which are future costs that may be avoided if action is taken. [ 3 ]
In linguistics, the prospective aspect (abbreviated PROSP or PRSP) is a grammatical aspect describing an event that occurs subsequent to a given reference time. [1] One way to view tenses in English and many other languages is as a combination of a reference time (past, present, or future) in which a situation takes place, and the time of a particular event relative to the reference time ...
The courts may also interpret a law in such a manner that any objection against it of retrospective operation may be removed. [29] An example for retrospective law in India is the Karnataka Scheduled Castes and Scheduled Tribes (Prohibition of Transfer of Certain Lands) Act, 1978 [30] in the state of Karnataka.
Retrospectively rated insurance is a type of insurance that uses retrospective rating: a method of establishing a premium on large commercial accounts. The final premium is based on the insured's actual loss experience during the policy term, sometimes subject to a minimum and maximum premium, with the final premium determined by a formula.
Pages in category "Hindi words and phrases" The following 100 pages are in this category, out of 100 total. This list may not reflect recent changes. A. Aam Aadmi;