- money paid back from a charge previously made; refund, esp. of import duties when the taxed commodities are later exported
- anything that prevents or lessens full satisfaction; shortcoming
The definition of a drawback is a disadvantage or negative feature.
An example of drawback is not being near bathrooms while camping.
- A disadvantage or inconvenience. See Synonyms at disadvantage.
- A refund or remittance, such as a discount on duties or taxes for goods destined for reexport.
drawback - Investment & Finance Definition
A rebate given by a government on duties or taxes that were paid on imported goods that were used to create other goods, or repackaged and exported again.
- Boiling under reduced pressure has one very serious drawback, viz.
- The chief drawback of the climate is an excess of rain in some parts, especially in the west.
- The only drawback to the climate is the prevalence of high cold winds in winter.
- This drawback has been overcome by the construction of " pluspressure " furnaces (figs.
- There is, however, one (not insuperable) drawback in the use of the electric furnace for the smelting of pure metals.