clawback

claw·back

designating or of a provision, as in a law or contract, for recovering money paid out to a payee or grantee who has failed to honor stated conditions

Origin of clawback

from claw back (see phrase under claw)

a recovering of money paid out previously

Link/Cite

Link to this page

Cite this page

MLA Style

"Clawback." YourDictionary. LoveToKnow. www.yourdictionary.com/clawback.

APA Style

Clawback. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/clawback

clawback

noun

The recovery of money that has been disbursed, as by a government, pension, or company.

THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Link/Cite

Link to this page

Cite this page

MLA Style

"Clawback." YourDictionary. LoveToKnow. www.yourdictionary.com/clawback.

APA Style

Clawback. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/clawback

Noun

(plural clawbacks)

(US law 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 law) Money that a party is entitled to keep under one tax provision, but which is taken from them 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.

Origin

claw +"Ž back

English Wiktionary. Available under CC-BY-SA license.

Link/Cite

Link to this page

Cite this page

MLA Style

"Clawback." YourDictionary. LoveToKnow. www.yourdictionary.com/clawback.

APA Style

Clawback. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/clawback

clawback - Investment & Finance Definition

A word used in the venture capital industry to describe a common term found in partnership agreements. A clawback requires venture capitalists to refund fees to their investors if it turns out that the venture capitalists received more than their 20 percent share of a fund’s overall profits. Clawbacks became common in 2002, occurring when a venture capitalist took its 20 percent share of a fund’s early investment success, but the fund later lost money. Clawbacks also are used in other financing contexts, such as private equity.

Link/Cite

Link to this page

Cite this page

MLA Style

"Clawback." YourDictionary. LoveToKnow. www.yourdictionary.com/clawback.

APA Style

Clawback. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/clawback

clawback

clawback

clawback - Investment & Finance Definition

Also Mentioned In

WORDS NEAR clawback IN THE DICTIONARY

clawback

clawback

clawback - Investment & Finance Definition

Also Mentioned In

WORDS NEAR clawback IN THE DICTIONARY

Join YourDictionary today