Future-dated
Future-dated describes something that is scheduled or intended to occur at a specified point in the future. It can refer to documents, events, payments, or actions. The term signifies a delay in implementation, often implying a planned postponement or a commitment to a future obligation. This adjective highlights a temporal aspect, emphasizing the time dimension of an agreement, arrangement, or object. It contrasts with something immediate or current. The term implies a degree of foresight, planning, or anticipation, indicating that consideration has been given to the future execution or validity of the subject. Its use often involves record-keeping or a system to enable timely fulfillment.
Future-dated meaning with examples
- The contract contained a future-dated clause regarding the price adjustment, taking effect at the beginning of next year. This provision was designed to safeguard the company against fluctuations in the market. Therefore, we needed to create a reminder system to track that payment, and update the contract on the effective date.
- The bank issued a future-dated check to the contractor, payable only on the agreed-upon completion date. This gave the contractor financial certainty, allowing them to make the necessary arrangements to acquire the materials needed to execute the project. It's common practice in construction for projects involving significant expenditures.
- The travel agency provided a future-dated itinerary with all flights, accommodations, and tour bookings for their upcoming trip. The client could review their scheduled plans. This itinerary allowed the clients to see all of their arrangements well in advance of the scheduled date, to eliminate confusion.
- The corporation scheduled a future-dated town hall meeting to discuss long-term strategies and investments. This gave the employees the chance to prepare questions and engage in constructive discussions. future-dated events are an effective way to gather information.