Retroactive Financing
Retroactive Financing refers to funding provided for expenses already incurred, often as a way to cover past operational costs or complete projects already underway.
Benefits
Retroactive financing covers expenses already incurred, providing funds for past operational costs or projects.
Frequently Asked Questions
What is the meaning of retroactive financing?
Retroactive financing provides funding for expenses that were incurred before the loan or investment was officially approved.
What does retroactively mean in finance?
Retroactively in finance means applying changes or actions to a previous period, impacting past transactions or financial statements.
What is investment project financing world bank?
Investment project financing from the World Bank supports specific projects aimed at achieving economic, environmental, and social goals.
Key Takeaway
Retroactive financing provides funds to cover expenses that have already been paid, helping with cash flow.