
Clawback
Financial Corrections
Clawback often involves correcting financial overpayments or errors.
The pension fund executed a clawback to correct overpaid benefits.
Government Actions
A government uses clawback to reclaim funds from tax incentives when conditions aren't met.
After the factory closed, a tax clawback was issued to the company.
Legal Complications
Clawbacks can lead to legal disputes over the legitimacy of reclaiming funds.
The clawback provision in the contract led to a court case.