clawback
noun [ C or U ]
uk/ˈklɔːbæk/ us FINANCE
a situation in which a government or company takes back money that it has already paid:
A Parliamentary motion called for the clawback of tax credit overpayments.
a clawback clause/provision Company clawback provisions would force executives who commit fraud to return bonuses and pay.
STOCK MARKET
a gradual increase in the price of a share after it has gone down:
The airline managed a clawback of 4.1% of Monday's 7% fall.
STOCK MARKET UK
an offer to investors who already own shares in a company the right to buy some of the shares that it has offered to new investors:
New shares were placed on a 6% discount to the market price, with a clawback to existing company shareholders.