Dictionary

noun

Definitions

1. 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.

2. Money that a party is entitled to keep under one tax provision but is taken by another tax provision.

3. Any recovery of a performance-related payment based on discovery that the performance was not genuine.

   Example: The airline got a clawback provision in the event of failure of the engines to meet fuel-consumption targets.

4. A flatterer or sycophant.