What does Clawback mean?
A provision in a contract or agreement that allows an employer or company to take back money that has already been paid out to an employee or partner under certain conditions.
The sales compensation plan includes a Clawback provision if a client cancels their contract within the first six months.
Clawback in German, French, Spanish and Italian
GermanRückforderungsklausel
also Clawback
Vertragsklausel zur Rückforderung bereits gezahlter Provisionen oder Boni.
FrenchClawback
also Clause de restitution
Droit de l'employeur de récupérer des sommes versées en cas d'annulation.
SpanishCláusula de restitución
also Recuperación
Cláusula que permite recuperar incentivos si el contrato se cancela prematuramente.
ItalianClausola di recupero
also Clawback
Disposizione contrattuale per la restituzione di premi già erogati.
Common phrases with Clawback
- provision clawback
- cancel contract clawback
- compensation plan clawback
Synonyms and opposites for Clawback
- Synonym Recoupment