WorldAugust 27, 2026
preamble
PREE-am-bul
Definition
An introductory statement in a legal or regulatory document that explains the document's purpose, background, or intent, but does not usually carry the same binding force as the regulatory text itself.
Etymology
Derived from the Medieval Latin 'preambulum,' meaning 'walking before,' combining the Latin 'pre-' (before) and 'ambulare' (to walk).
In the news
The article discusses how a 2013 regulatory preamble suggested a strict interpretation of retroactive reward payments that conflicted with the actual regulatory text, creating years of compliance uncertainty.
Federal agencies give employers enforcement relief on tobacco surcharge timing
Read the full article ↗Insurance Business