Tax Law Terms

noun a retroactive law or provision

adjective relating to or affecting things that have happened in the past

• The new law will not be retroactive, meaning it will only apply to future cases.
• They can't make the rule retroactive, that wouldn't be fair to those who already followed it.
• It's like trying to pull a retroactive fast one on us, but we're not falling for it.
• Her apology felt like a retroactive attempt to fix things, but the damage was already done.

noun a person who abates or reduces something

verb to reduce or lessen in amount, degree, or intensity

• The new regulations aim to abater the negative impact of industrial pollution.
• I heard they're trying to abater the noise coming from the construction site.
• Let's abater the drama and just focus on finding a solution.
• She tried to abater her fears by taking deep breaths and focusing on positive thoughts.