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  2. Dictionary

    claw·back
    [ˈklôˌbak, ˈkläˌbak]
    noun
    BRITISH ENGLISH
    clawback (noun) · clawbacks (plural noun) · claw-back (noun) · claw-backs (plural 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 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 clawback mean?Get Word of the Day daily email! The meaning of CLAWBACK is the act or an instance of getting back money or benefits previously given out. How to use clawback in a sentence.
    Will there be a clawback?There has to be clawback - we know that. He estimated that the total clawback will be more than 100 million. It refused to say whether another clawback was likely. There are two main devices being suggested to moderate bonuses payments - deferral and clawback. So much for his clawback promises — meaningless.
     
  4. The term clawback or claw back refers to any money or benefits that have been given out, but are required to be returned (clawed back) due to special circumstances or events, such as the monies having been received as the result of a financial crime, or where there is a clawback provision in the executive compensation contract.
    en.wikipedia.org/wiki/Clawback
    A clawback is a contractual provision that requires an employee to return money already paid by an employer, sometimes with a penalty. Clawbacks act as insurance policies in the event of fraud or misconduct, a drop in company profits, or for poor employee performance.
    www.investopedia.com/terms/c/clawback.asp
    plural clawbacks : the act or an instance of getting back money or benefits previously given out: such as a : the recovery of tax allowances by additional taxation
    www.merriam-webster.com/dictionary/clawback
     
  5. Clawback Definition & Meaning - Merriam-Webster

     
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