clawback clawback1. Money that a government takes back from members of the public by taxation, especially through the higher rate of income tax, having given the money away in benefits, such as retirement pensions. Thus the money is clawed back from those who have no need of the benefit (because they are paying higher-rate taxes). Clayton Act A US anti-trust law passed in 1914; it placed restrictions on mergers and acquisitions that limited competition and debarred individuals from holding directorships on the boards of competing companies. clean bill of ladingSeebill of lading. |