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Bokep
- definition
- (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"
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- A clawback is a contractual provision whereby money already paid to an employee must be returned to an employer or benefactor, sometimes with a penalty12. Clawbacks are most often used in the financial industry and are used in employee contracts for incentive-based pay like bonuses1. Clawback 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 contract2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
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.aspClawback 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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