clawback
Mandated fund retrieval
A clawback is the recovery of money already paid out—typically when an employee must return a bonus after misconduct is discovered, or when a company reclaims executive compensation following financial restatements.
Tax and benefits contexts use clawback for recouping overpayments: The IRS initiated a clawback of the excess credits.
The verb is to claw back.
Reward beyond expectation
- compensationPayment for services rendered
- severanceTermination pay or disconnection
- overpaymentAmount paid exceeding debt
- incentivesRewards prompting action
earnings · profits · dividends · remuneration · disgorgement · misconduct · fraud · salary
Regain a loss
- retrieveGet something back
- recaptureSeize again after loss
- regainAcquire again
- repossessSeize for unpaid debt
restitution · recovery · takeback · reclaim · reacquire · redemption · restoration · salvage
Preparatory supply or clause
- clauseProvision in agreement
- statuteEnacted written rule
- regulationOfficial rules governing conduct
- policyAdopted principle of action
enactment · enforcement · legislation · amendment · jurisdiction · compliance · contractual · fiduciary
Marked with earlier date
- reversalComplete change of direction
- retrospectiveReviewing what came before
- rescindFormally cancel or withdraw
- revokeOfficially cancel authorization
annulment · recoupment · reassessment · undoing · retract · repeal · countermand · invalidate
bonus
Reward beyond expectation
- compensationPayment for services rendered
- severanceTermination pay or disconnection
- overpaymentAmount paid exceeding debt
incentives · earnings · profits · dividends · remuneration · disgorgement · misconduct · fraud · salary · wages
recoup
Regain a loss
repossess · restitution · recovery · takeback · reclaim · reacquire · redemption · restoration · salvage · redress
provision
Preparatory supply or clause
- clauseProvision in agreement
- statuteEnacted written rule
- regulationOfficial rules governing conduct
policy · enactment · enforcement · legislation · amendment · jurisdiction · compliance · contractual · fiduciary · SEC
backdated
Marked with earlier date
- reversalComplete change of direction
- retrospectiveReviewing what came before
- rescindFormally cancel or withdraw
revoke · annulment · recoupment · reassessment · undoing · retract · repeal · countermand · invalidate · overturn
- payment reversalrefund, chargeback, void, reversal, rollback
- taking backretraction, withdrawal, revocation, recantation, unsaying
- Hedge Fundsoffshore fund, management fee, high water mark, hurdle rate, NAV
- private equityleveraged buyout, leveraged buyouts, LBO, buyouts, general partner
- Sales Incentivescommissions, bonuses, quotas, incentives, compensation plans
- debtdebt, creditor, owe, debtor, lender
clawbackgrant
Bestow or award money
award · disbursement · payout · bonus · distribution
clawbackgift
Item given freely
donation · voluntary surrender · charitable contribution · forgiveness