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From Longman Business Dictionary
Related topics: Finance
clawbackclaw‧back /ˈklɔːbækˈklɒː-/ noun1[countable]FINANCE when a company takes back new shares that it had offered to its present shareholders, but they do not want to buy, and offers them to other investorsJust over 5.2 million new shares are being placed, with 3.1 million subject to clawback.2[countable, uncountable] when an authority gets back money from a person who previously received it from themIn the privatisation of Belfast airport, the Audit Office criticized the Treasury for not including a clawback clause on any future resale.
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