clawback

[US]/'klɔ:bæk/
Frequency: Very High

Translation

n.set back;supplemental income
Word Forms
Pluralclawbacks

Phrases & Collocations

clawback provisions

clawback policy

Example Sentences

a clawback of tax relief.

Real-world Examples

The main purpose of this " clawback" rule is to hold bankers accountable for harmful risk-taking and to restore public trust in financial institutions.

Source: Past exam papers of the English reading section for the postgraduate entrance examination (English I).

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