0 a situation in which a government or company takes back money that it has already paid: --
1 a gradual increase in the price of a share after it has gone down: --
2 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: --
I need first to explain the background to the 1983 discount clawback.
Any such clawback as my noble friend suggests would be counter-productive.
That clawback must not be allowed to happen.
Problems have arisen over the clawback charge on our exports, but we have already obtained the abolition of clawback on exports to third countries.
This largely removes from continuing businesses the threat of tax clawback and holds out the prospect of significant relief for companies and the self-employed.
The word "clawback" implies that it is meant to claw back a subsidy payable in this country.
They had to carry out what in fact was the clawback power and pretend to be implementing those powers.
The clawback of £4,000 or £5,000 has produced this problem, and if we make the same decision this time, we will compound that mistake.
