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adjective abeyant, about to be, approaching, arranged, awaited, close at hand, coming, conceivable, considered, destined, earmarked, eventual, expectant, expected, foreseen, forthcoming, future, hoped for, imaginable, immediate, impending, in prospect, in store, in view, intended, likely, looked for, looming, on the horizon, planned, potential, preparing, projected, promised, scheduled, soon to be, soon to happen, subsequent, to be, to come, ultimate, upcoming
Associated concepts: prospective contract, prospective liaailities, prospective relief, prospective rights
Foreign phrases: Nova constitutio futuris formam immonere debet non praeteritis.A new law ought to affect the future, not what is past. Lex prospicit, non respicit. The law looks forward, not backward.
See also: apparent, forthcoming, future, immediate, imminent, pending, presumptive, proximate

LAW, PROSPECTIVE. One which provides for, and regulates the future acts of men, and does not interfere in any way with what has past.

PROSPECTIVE. That which is applicable to the future; it is used in opposition to retrospective. To be just, a law ought always to be prospective. 1 Bouv. Inst. n. 116.

References in periodicals archive ?
The Court in ATA/Smith theorized that stare decisis justified applying the new rule prospectively only, if the existing tax statutes were valid under prior law.
If retroactivity is a substantive issue governed by stare decisis, then where a tax refund is being claimed, the result is assumed if the Supreme Court has held that the new rule is to be applied prospectively only; no refund need be granted.
At no point, however, does McKesson explicitly deal with the conflict that would arise if a tax refund claimant were denied a refund on the ground that its newly established constitutional right was to be applied prospectively only.
Assuming that the threshold "new law" test of Chevron Oil and ATA/Smith would be satisfied, the equities favoring its application prospectively only appear to be significant.
With the valuable data compiled from the previous study and a diagnostic method that can be used prospectively to predict which patients may benefit from ANTRIL, we are hopeful that this new clinical trial will result in the data necessary to apply for a license application with the FDA," said Dr.
Additionally, any awards granted to individuals whose status changes between employee and nonemployee will be treated according to the new status prospectively from the date of the change.
an executive who retires and is subject to a consulting agreement) will be treated as nonemployee options prospectively from the date of the change.
Such change would be made prospectively, provide audit protection and be done on a cut-off basis.
The expiration of restrictions on previously unrecognized net gains could be recognized prospectively.
Talk of amnesty generally refers to a taxpayer's ability to lock in cumulative LIFO tax benefits prior to a year in which it agrees to prospectively apply any IRS-mandated LIFO calculation method.
This should protect the firm from exposure to penalties if prior year returns are examined by the Service, and will enable the firm to make the change prospectively and spread the resulting income pick-up over several years.
NEW YORK -- The Ad Hoc Committee of Noteholders of PHH Corporation (NYSE: PHH), whose members are financial institutions which collectively hold an aggregate of more than $300 million of PHH's publicly issued Medium Term Notes, announced today that it has organized in order to negotiate with the Company the terms of the noteholder tender and consent solicitation which the Company prospectively announced on July 25th.