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Word: clawback
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Meaning:
Noun:
- business Any recovery of a performance-related payment based on discovery that the performance was not genuine.
- _|legal|_|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.
- _|taxation|_|legal Money that a party is entitled to keep under one tax provision, but which is taken from them by another tax provision.
Source: Wiktionary
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