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claw back
(redirected from clawback)

   Also found in: Dictionary/thesaurus, Medical, Financial 0.01 sec.
claw back
the recovery of a sum of money, esp by taxation or a penalty


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EUROPEAN Commission backing for the sell-off of North-east-based Northern Rock raised hopes today of a Government clawback of taxpayers' cash ploughed into the nationalised bank.
I think the clawback mechanism is actually quite useful,' Bischoff told a Business for New Europe event on Thursday.
There's got to be a clawback system in remuneration itself, so that if things are not working in year two then there is a clawback that is possible.
 
 
 
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