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  2. Dictionary

    claw back
    [claw back]
    definition
    1. (of a government) recover money disbursed in the form of an allowance or benefit, typically by taxation:
      "the government is trying to claw back the pay raises"
    claw·back
    [ˈklôˌbak, ˈkläˌbak]
    noun
    claw-back (noun)
    1. the recovery of money already disbursed:
      "funds that are not subject to any clawback by the government"
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  3. People also ask
    What does it mean to claw back money?to get something back that you have lost, usually by using a lot of effort The company is trying to claw back its share of the market. Newcastle managed to claw a goal back. Want to learn more? (of a government) to get back money that has been paid to people, usually by taxing them The Chancellor is expected to claw back £2.8 billion in the budget.
    What is a clawback?The dictionary definition of a clawback is "to get back (something, such as money) by strenuous or forceful means."
    What is a clawback policy?A clawback is a contractual provision whereby money already paid to an employee must be returned to an employer or benefactor, sometimes with a penalty. Many companies use clawback policies in employee contracts for incentive-based pay like bonuses. They are most often used in the financial industry. Most clawback provisions are non-negotiable.
    What does claw back mean?Get a quick, free translation! CLAW SOMETHING BACK definition: 1. to get possession of something again with difficulty: 2. If the government, for example, claws…. Learn more.
     
  4. A clawback is a contractual provision whereby money already paid to an employee must be returned to an employer or benefactor, sometimes with a penalty. Many companies use clawback policies in employee contracts for incentive-based pay like bonuses. They are most often used in the financial industry.

    www.investopedia.com/terms/c/clawback.asp

    Clawback is a provision under which money that’s already been paid out must be returned to the employer or the firm. This is a special contractual clause, used mostly in financial firms, for money paid for services to be returned under special circumstances or events as stated in the contract.

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