"Clawback" Pronounce,Meaning And Examples
"Clawback" Natural Recordings by Native Speakers
"Clawback" Meaning
A clawback is a way for a company or organization to recover or retake something that was previously given, returned, or paid out. This can include recovering bonuses, compensation, or other forms of payment that were given to employees or executives based on certain performance targets or criteria. If those targets are not met, the company may try to "claw back" the payment or benefit to recover its losses. It is often used in finance and business contexts, particularly in situations where there is a high level of risk and uncertainty involved.
"Clawback" Examples
Usage Examples of "Clawback"
1. Employee Retention
In the contract, the company stipulated a clawback clause, stating that if the employee left within two years, the company would reclaim the signing bonus they received.2. Financial Recovery
The government implemented a clawback program to recover taxes owed by individuals and businesses that had incorrectly claimed refunds.3. Business Dealings
As part of the merger agreement, the acquiring company included a clawback provision, allowing them to recoup the cost of severance packages if employees terminated their employment within a certain period.4. Regulatory Compliance
The financial regulatory agency introduced new regulations that included a clawback clause, requiring banks to repay bonuses they had paid to executives if they failed to meet certain performance targets.5. Sports and Fitness
The fitness studio implemented a clawback policy, allowing customers to get a refund or membership credit if they had not used their membership within a year."Clawback" Similar Words
Clavula
The word "clavula" is Latin and refers to an arm or a limb, specifically the upper arm or forearm. In anatomy, it is also the term for the small bony projections that form the shoulder joint.
Clavulanate
Clavulanic
Clavulanic acid is a naturally occurring beta-lactamase inhibitor, which is used in combination with penicillin-type antibiotics to increase their effectiveness against bacterial infections. It works by preventing the destruction of the antibiotic by bacteria, allowing the antibiotic to remain effective against the infection for a longer period of time. Clavulanic acid is often used in combination with amoxicillin, forming the antibiotic Augmentin, which is commonly used to treat a wide range of bacterial infections, including respiratory, urinary, and skin infections.
Clavulate
Clavulinic
Clavus
Clavus is a noun that refers to a nail or a spike. In anatomy, the clavus is also known as a collateral tuberosity, which is a bony projection on the medial surface of the calcaneus (heel bone).
Clavy
Claw
Clawbacks
Clawed
Having sharp, curved nails or talons, typically on the feet or hands of animals that use them for climbing, grasping, or defending themselves.
Clawfoot
Clawing
Claws
Claws refer to the sharp, curved structures at the end of a finger or toe of an animal, typically a mammal or reptile, used for grasping, climbing, and defending oneself. In humans, claws are absent, but fingernails and toenails are often referred to as "claws" due to their similar appearance and function.
Clay-colored
Clay
Clay is a type of fine-grained earth material that can be shaped and molded when moist, and hardens when dried or fired. It is often used in crafts, such as pottery, sculpture, and modeling, as well as in construction and building materials.
Clayes