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What does clawback mean?

Looking for the meaning or definition of the word clawback? Here's what it means.

Noun
  1. (US law of evidence) 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.
  2. (US taxation law) Money that a party is entitled to keep under one tax provision but is taken by another tax provision.
  3. (US, business) Any recovery of a performance-related payment based on discovery that the performance was not genuine.
  4. (obsolete) A flatterer or sycophant.
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These results do not include accrued performance fees that are not booked until any potential clawback expires.
All are now victims of a calculated insult-the effective federal clawback of resource revenues under the new equalization schemed insult.
The relief is subject to a clawback if the property is disposed of within six years of receiving the gift or inheritance, he said.
The actual investment itself had to be for a period of five years if a clawback of the tax relief is to be avoided.
Successful applicants will face a clawback if they sell the affordable house on within the first ten years.
It is also subject to a clawback if sold before the expiration of the incentive period.

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