Definitions for "Clawback"
a clause in the agreement between the general partner and the limited partners of a private equity fund. The clawback gives limited partners the right to reclaim a portion of disbursements to a general partner for profitable investments based on significant losses from later investments in a portfolio.
A non-compete agreement feature where option exercise profits are recouped by the company for violation of non-compete provisions.
A clawback obligation represents the general partner's promise that, over the life of the fund, the managers will not receive a greater share of the fund's distributions than they bargained for. Generally, this means that the general partner may not keep distributions representing more than a specified percentage (e.g., 20%) of the fund's cumulative profits, if any. When triggered, the clawback will require that the general partner return to the fund's limited partners an amount equal to what is determined to be "excess" distributions.
VC experts definition http://vcexperts.com/vce/library/encyclopedia/glossary_view.asp?glossary_id=188
In the event of an ERDF-assisted asset not retaining the status for which funding was provided, the European Secretariat can require that ERDF grant be repaid or “clawed back
A practice whereby a pension scheme will offset an amount equivalent to the state pension against a target pension so as to arrive at the amount payable by the scheme. If commission is paid to an intermediary by a financial institution for the introduction of business and this does not stay in force for a certain pre-determined period a part of the commission may be repayable to the institution. This is known as 'clawback'. The practice is more prevalent among insurance companies.
This is when a member's pensionable earnings or a member's pension are reduced to take into account the amount of state pension the member will get.
The concept that where an asset financed by public money is sold, all or part of the proceeds of the sale should be returned to the funder.
Clean Clean Bill of Lading
Money claimed back which has previously been paid out e.g. life assurance commission may be claimed back if the policy is cancelled within a certain period.