https://wiki-dev.treasurers.org/w/index.php?action=history&feed=atom&title=ConstructiveConstructive - Revision history2026-04-28T06:33:05ZRevision history for this page on the wikiMediaWiki 1.40.0https://wiki-dev.treasurers.org/w/index.php?title=Constructive&diff=11077&oldid=previmported>Doug Williamson: Create page. Sources: Linked pages.2022-01-20T03:05:56Z<p>Create page. Sources: Linked pages.</p>
<p><b>New page</b></p><div>1. ''Financial reporting - obligations.''<br />
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In financial reporting, a ''constructive obligation'' arises if past practice creates a valid expectation on the part of a third party, even if there is no legal obligation.<br />
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2. ''Law.''<br />
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Anything deemed in law to exist, or to have happened, even though it is not in fact the case.<br />
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For example, a ''constructive trust'', or a ''constructive total loss''.<br />
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3. ''Beneficial effect.''<br />
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Anything intended to have, or actually having, a useful or beneficial effect.<br />
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== See also ==<br />
* [[Constructive obligation]]<br />
* [[Law]]<br />
* [[Obligating event]]<br />
* [[Obligation]]<br />
* [[Provision]]<br />
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[[Category:Accounting,_tax_and_regulation]]<br />
[[Category:The_business_context]]</div>imported>Doug Williamson