Giveback Definition
gĭvbăk
givebacks
noun
A workers' benefit or right, previously gained as through labor negotiations, that is relinquished to management, usually in exchange for a wage increase or some other concession.
Webster's New World
Something that is rebated or returned.
A tax giveback.
American Heritage
A rebate.
Wiktionary
A reduction in pay or conditions as a result of unfavourable economic conditions.
Wiktionary
Other Word Forms of Giveback
Noun
Singular:
giveback
Plural:
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