clawback
Noun
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Noun
clawback
- (US legal of evidence) 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.
- (US taxation legal) Money that a party is entitled to keep under one tax provision but is taken by another tax provision.
- (US, business) Any recovery of a performance-related payment based on discovery that the performance was not genuine.
- The airline got a clawback provision in the event of failure of the engines to meet fuel-consumption targets.
- (obsolete) A flatterer or sycophant.
- Take heed of these clawbacks.
- (business: recovery of performance payment) malus
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003