In the simplest terms, the word ‘amended’ is derived from the verb ‘amend’ which means to make changes, revisions or corrections to a document or statement. This action usually occurs after the document or statement has been completed and a need or requirement for modification is identified. The concept of amendment has its roots in legal or formal setups, and it is heavily used in the realms of law, official documentation, contracts, bills, rules and governance. The process of amending something involves iterations or changes which are primarily aimed at improvement or correctness.
The Usage of ‘Amended’ in Different Contexts
The term ‘amended’ is used in various contexts, each having its unique implications and applications. Following are some of the major areas where the term is frequently applied:
1. Legal context:
In a legal context, ‘amended’ refers to the changes made to laws, regulations, or statutory documents to meet the new scenarios, issues or requirements. The most well-known example is the ‘Amended Constitution’ where amendments are added to respond to the changing societal needs and perspectives. Each amendment changes or adds something to the existing version of the constitution, thereby improving or refining it.
2. Corporate context:
In corporate circles, ‘amended’ is often associated with modifications of company policies, rules, bylaws, contracts, or agreements. For example, if a company identifies that a certain clause in its policy is outdated or ambiguous, they would issue an ‘amended’ policy with changes or modifications.
3. Financial context:
‘Amended’ is a term also commonly used in the field of accounting and finance. An ‘Amended Return’ is a tax return form that has been revised and resubmitted because of some errors, incorrect information or changes in tax regulations. These changes are meant to correct discrepancies and ensure accuracy aligning the financial statements with the reality.
Importance of Amendment
Amendments are important in ensuring laws, policies, and procedures remain relevant, effective, and fair in the ever-changing socio-political environments. It provides a mechanism for evolved societies to update their laws and policies. On a personal level too, an ability to be open to ‘amendments’ or changes in a viewpoint or approach is seen as a positive trait signaling growth and adaptability.
In conclusion, no document, law, or decision is flawless and the term ‘amended’ signifies the flexibility and openness to make necessary changes as and when required. ‘Amendment’ is seen as a tool of evolution and growth and hence holds great importance in both formal and informal contexts.