Sentence examples for clawback from inspiring English sources

The word 'clawback' is a valid and commonly used term in written English.
It can be used as a noun or a verb to refer to the retrieval of money or assets that were previously paid or granted. A common use of 'clawback' is in financial or legal contexts, where it is used to describe the process of reclaiming funds or benefits that were given out erroneously or under false pretenses. For example: - The company's profits were significantly reduced due to a clawback of tax incentives from the government. - The CEO was forced to return his excessive bonus as part of a clawback clause in his employment contract. - The new legislation includes a provision for clawbacks, allowing regulators to recover ill-gotten gains from corrupt individuals. 'Clawback' can also be used more generally to describe the retrieval of anything that was previously granted, not just financial assets. For instance: - The team lost the game, but they managed to claw back in the second half and tie the score. - The government is trying to claw back control of the territory from the rebels. - The new diet helped me claw back my health and energy after years of poor nutrition. In summary, 'clawback' is a.

Dictionary

clawback

noun

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.

synonyms

Exact(60)

We are pleased, and claim a small victory over the improved child benefit clawback, but the fight continues for universal recognition of the cost of children for all families.

Finally, "clawback" laws in many countries stop parents from dodging forced heirship by giving assets away while they are still alive.

Banks already do some things that normally work with pay: they have high variable pay; their senior executives own shares; some now have clawback schemes that adjust bonuses if loans or trading positions go bad.

Knowing this does not seem to have stopped financial companies from taking out the new policies anyway.The clawback provision in the Dodd-Frank act was of course intended to make financial companies' bosses fear personal consequences if their actions or inaction drove their firm to ruin.

Mr Kingman congratulates himself and his team for having cut a deal on bonuses at RBS (replacing cash payments with deferred promises, subject to clawback, in the shape of subordinated debt).

Stratospheric but heavily dependent on financial performance, these have raised the rates others must pay, often with no clawback if things go wrong.

They are also bringing in clawback systems that allow them to recover some or all of bonuses if the deals on which these were based subsequently turn sour.One person at Morgan Stanley who did not get a rise in salary was its boss, John Mack, whose base pay will remain at $800,000 a year.

"At some point in the next few years, the industry is going to have an absolutely stellar year," says a pay consultant who predicts that firms with clawback policies will have to offer more in upfront pay to attract recruits.

Banks are also tightening "clawback" provisions, which require those whose trades cause subsequent losses to pay back all or part of their bonuses.

Mr Bondi's claim is that this undermines the banks' claims on collateral offered by Parmalat.Prior to this latest raft of so-called "clawback" lawsuits (there are more to come), Mr Bondi had been accused of discriminating against Parmalat's international lenders.

Some contracts include "clawback" clauses, which allow performance-related payments to be reclaimed if the performance that was rewarded turns out to have been worse than it seemed at the time.

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