- a) A rule that permits a party to take back evidentiary materials that were mistakenly turned over to the other party, but to which the other party would not have been entitled.
The airline got a clawback provision in the event of failure of the engines to meet fuel-consumption targets.b) Money that a party is entitled to keep under one tax provision, but which is taken from them by another tax provision.
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clawback — On a share offer, shares may be placed with placees, subject to a right of clawback to meet applications from shareholders. Shareholders are normally offered the shares in proportion to their existing shareholdings. The clawback usually takes the … Law dictionary
Clawback — Claw back , a. Flattering; sycophantic. [Obs.] [1913 Webster] Like a clawback parasite. Bp. Hall. [1913 Webster] … The Collaborative International Dictionary of English
Clawback — Claw back , n. A flatterer or sycophant. [Obs.] Take heed of these clawbacks. Latimer. [1913 Webster] … The Collaborative International Dictionary of English
Clawback — Claw back , v. t. To flatter. [Obs.] Warner. [1913 Webster] … The Collaborative International Dictionary of English
clawback — 1) The ability to recover prior project cash flow that may have been distributed or paid away as dividends to sponsors. Bloomberg Financial Dictionary 2) A dividend clawback is an arrangement whereby the equity owners commit to use dividends they … Financial and business terms
Clawback — 1. Money or benefits that are distributed and then taken back as a result of special circumstances. 2. A retraction of stock prices or of the market in general. 1. Purchasing certain investments provides taxable benefits contingent upon holding… … Investment dictionary
clawback — noun finding a way to take money back from people that they were given in another way the Treasury will find some clawback for the extra benefits members received • Regions: ↑United Kingdom, ↑UK, ↑U.K., ↑Britain, ↑United Kingdom of Great Britain… … Useful english dictionary
clawback — noun see claw back … New Collegiate Dictionary
clawback — noun an act of recovering money already paid out, typically by taxation … English new terms dictionary
clawback — 1) Money that a government takes back from members of the public by taxation, especially through the higher rate of income tax, having given the money away in benefits, such as retirement pensions. Thus the money is clawed back from those who… … Big dictionary of business and management