claw back

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claw back

the recovery of a sum of money, esp by taxation or a penalty
References in periodicals archive ?
Silence from the Civic Centre is fuelling speculation there is no clawback clause and the bank will pocket the cash.
In California, Rosenstein said the clawback ended up costing the state about $54 million more than the savings.
Clawback question - the Gladstone Conservatory, Stanley Park pounds 164m cost - the Echo Arena and BT convention centre
SEC's schedule for implementing the Dodd-Frank clawback rules).
Section 304 of Sarbanes-Oxley calls for the SEC to dig into CEO and CFO pockets and clawback compensation issued after a misconduct-driven earnings restatement in the year following the first improper statement.
Lloyds declined to comment on the clawback plans, saying only in the annual report that its remuneration committee had recommended the board "should exercise its discretion to adjust the value of certain 2010 and 2011 bonus awards, on a basis equivalent to that applied in the previous year".
Minister for Communications Dermot Ahern has directed a group reviewing the licensing of independent radio stations to consider introduction of a clawback mechanism that would allow the state to claim up to 60 per cent of the money made from onward sale of a radio licence when a station is taken over.
The big test is to find out what the real clawback with WFTC actually is.
8 billion in equity commitments, funded on November 9, 2010, by these plan sponsors on more favorable terms through a clawback provision.
Global Banking News-February 18, 2015--Federal regulators looking to finalise clawback clause
Shares in the clawback will be allocated among participating shareholders pro rata based on their holdings at the time of allocation, excluding any shares acquired in phase one (further details will be provided at the start of the clawback period).
The rules on clawback set out by the Bank's Prudential Regulation Authority (PRA) will not apply retrospectively.