CLAWBACK

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”

Source: WordNet® 3.1

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Etymology

Noun

clawback (countable and uncountable, plural clawbacks)

(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.

(obsolete) A flatterer or sycophant.

Synonyms

• (business: recovery of performance payment): malus

Coordinate terms

• disgorgement

Source: Wiktionary

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Claw"back`, n.

Definition: A flatterer or sycophant. [Obs.] "Take heed of these clawbacks." Latimer.

Claw"back`, a.

Definition: Flattering; sycophantic. [Obs.] Like a clawback parasite. Bp. Hall.

Claw"back`, v. t.

Definition: To flatter. [Obs.] Warner.

Source: Webster’s Unabridged Dictionary 1913 Edition

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