Webclaw back: [verb] to get back (something, such as money) by strenuous or forceful means (such as taxation). WebLegal definition for CLAWBACK: The repayment to a creditor or a rights holder of money that should not have been transferred, e.g. money transferred pursuant to a contract …
Clawback Definition & Meaning - Merriam-Webster
WebClawback definition, the recovery of previously dispensed or protected money or benefits through a contractual provision or tax law, typically triggered to counter a shortfall in … Webif a government or company claws back money after losing it, it gets it again, for example by making people pay higher taxes or charging higher prices Synonyms and related words … status out of paper
Definition of CLAWBACK • Law Dictionary • TheLaw.com
A clawback is a contractual provision whereby money already paid to an employee must be returned to an employer or benefactor, sometimes with a penalty. Many companies use clawback policies in employee contracts for incentive-based pay like bonuses. They are most often used in the financial … See more Following the financial crisis of 2008, clawback clauses have become more common since they allow a company to recover incentive-based pay from CEOs if there is misconduct or any discrepancies in the company's … See more Several proposed and enacted federal laws allow clawbacks of executive compensation based on fraud or accounting errors. Companies may also write clawback provisions into employee contracts, whether … See more The term clawback can also be found in some other settings. In private equity, it refers to the limited partners' right to reclaim part of the general partners' carried interest, in … See more Web23 hours ago · The clawback provisions-as expanded through the NPRM-are intrinsically linked to eligibility to receive CHIPS Act funding. Companies that are engaging in or are in business with companies engaged in activities subject to the clawback provisions may not be able to capitalize on CHIPS Act funding without risking those funds being clawed back. status ots sicepat