1) The ability to recover prior project cash flow that may have been distributed or paid away as dividends to sponsors. Bloomberg Financial Dictionary
2) A dividend clawback is an arrangement whereby the equity owners commit to use dividends they have received in the past to finance the cash needs of the project or corporation in the future. Clawback has a more general definition. For example, premiums paid on an insurance policy may be refunded (or clawed back) if the policy is cancelled in a certain time frame. Such an arrangement is specified in the contract and referred to as a clawback provision. Bloomberg Financial Dictionary

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clawback claw‧back [ˈklɔːbæk ǁ ˈklɒː-] noun
1. [countable] FINANCE when a company takes back new shares that it had offered to its present shareholders, but they do not want to buy, and offers them to other investors:

• Just over 5.2 million new shares are being placed, with 3.1 million subject to clawback.

2. [countable, uncountable] when an authority gets back money from a person who previously received it from them:

• In the privatisation of Belfast airport, the Audit Office criticized the Treasury for not including a clawback clause on any future resale.

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clawback UK US /ˈklɔːbæk/ noun [C or U]
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 the price of a share after it has gone down: »

The airline managed a clawback of 4.1% of Monday's 7% fall.

UK STOCK MARKET 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.

Financial and business terms. 2012.

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Look at other dictionaries:

  • clawback — On a share offer, shares may be placed with placees, subject to a right of clawback to meet applications from shareholders. Shareholders are normally offered the shares in proportion to their existing shareholdings. The clawback usually takes the …   Law dictionary

  • Clawback — Claw back , a. Flattering; sycophantic. [Obs.] [1913 Webster] Like a clawback parasite. Bp. Hall. [1913 Webster] …   The Collaborative International Dictionary of English

  • Clawback — Claw back , n. A flatterer or sycophant. [Obs.] Take heed of these clawbacks. Latimer. [1913 Webster] …   The Collaborative International Dictionary of English

  • Clawback — Claw back , v. t. To flatter. [Obs.] Warner. [1913 Webster] …   The Collaborative International Dictionary of English

  • clawback — noun a) 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. The airline got a clawback provision in the event of failure of …   Wiktionary

  • Clawback — 1. Money or benefits that are distributed and then taken back as a result of special circumstances. 2. A retraction of stock prices or of the market in general. 1. Purchasing certain investments provides taxable benefits contingent upon holding… …   Investment dictionary

  • clawback — noun finding a way to take money back from people that they were given in another way the Treasury will find some clawback for the extra benefits members received • Regions: ↑United Kingdom, ↑UK, ↑U.K., ↑Britain, ↑United Kingdom of Great Britain… …   Useful english dictionary

  • clawback — noun see claw back …   New Collegiate Dictionary

  • clawback — noun an act of recovering money already paid out, typically by taxation …   English new terms dictionary

  • clawback — 1) 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… …   Big dictionary of business and management

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