clawback

[US]/'klɔ:bæk/
Frequency: Very High

Translation

n. set back; supplemental income
Word Forms
Pluralclawbacks

Phrases & Collocations

clawback provisions

tilbageførselsbestemmelser

clawback policy

tilbageføringspolitik

Example Sentences

a clawback of tax relief.

en tilbagebetaling af skattelettelser

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.

Hovedformålet med denne "clawback"-regel er at holde bankfolk ansvarlige for risikable handlinger og genoprette offentlighedens tillid til finansielle institutioner.

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

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