clawbacks
Mandatory bonus retrievals
Clawbacks are provisions requiring the return of money already paid out.
In business, executive compensation may be subject to clawback if financial results are later restated or misconduct is discovered: The company's clawback policy recovered $2 million from the former CEO.
Government benefits paid in error may also be clawed back.
The verb is claw back.
Recovery of losses
- recoveryRegaining what was lost
- disgorgementSurrender of ill-gotten gains
- restitutionRestoring what was lost
- retrievalAct of getting back
deduction · withholding · overpayment · rescission · revocation · adjustment · extraction · reversion
Adhering to requirements
- enforcementCompelling compliance with rules
- oversightSupervision or inadvertent omission
- governanceHow authority is exercised
- regulatorsEntities enforcing compliance
accountability · audit · transparency · legislation · controls · monitoring · framework · policies
Punitive international restrictions
- forfeitureLoss due to breach
- consequencesResults of actions taken
- repercussionsIndirect results of actions
- deterrentThing that discourages action
punishment · fines · disciplinary · retribution · censure · reprimand · damages · correction
Stockpiled food and supplies
- clausesGrammatical or legal units
- agreementsFormal mutual arrangements
- termsConditions of an agreement
- stipulationsSpecified requirements or conditions
conditions · covenants · triggers · vesting · performance · milestones · indemnification · employment contract
recoupment
Recovery of losses
- recoveryRegaining what was lost
- disgorgementSurrender of ill-gotten gains
- restitutionRestoring what was lost
retrieval · deduction · withholding · overpayment · rescission · revocation · adjustment · extraction · reversion · annulment
compliance
Adhering to requirements
- enforcementCompelling compliance with rules
- oversightSupervision or inadvertent omission
- governanceHow authority is exercised
regulators · accountability · audit · transparency · legislation · controls · monitoring · framework · policies · standards
sanctions
Punitive international restrictions
- forfeitureLoss due to breach
- consequencesResults of actions taken
- repercussionsIndirect results of actions
deterrent · punishment · fines · disciplinary · retribution · censure · reprimand · damages · correction · penalize
provisions
Stockpiled food and supplies
- clausesGrammatical or legal units
- agreementsFormal mutual arrangements
- termsConditions of an agreement
stipulations · conditions · covenants · triggers · vesting · performance · milestones · indemnification · employment contract · settlement
- executive contractsseverance packages, golden parachutes, non-compete clauses, stock options, signing bonuses
- constraintsconstraint, limits, restrictions, deadline, restraints
- incentivesbonus, bonuses, incentive, incentives, reward
clawbacksbonuses
Added compensation beyond wages
payouts · disbursements · awards · grants · signing bonuses