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Clawback |
Also found in: Financial | 0.03 sec. |
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Claw´back`
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Some states even complained that the clawback formula penalized them more than it helped. In cutting benefits to middle-income and higher-income seniors by assessing eligibility on the basis of net family income and imposing a large clawback, the Seniors Benefit would target low-income seniors. A contingent feature of an award that might cause an employee to return to the entity either equity instruments earned or realized gains from the sale of equity instruments earned for consideration that is less than fair value on the date of transfer (including no consideration), such as a clawback feature (paragraph A5, footnote 44), shall not be reflected in estimating the grant-date fair value of an equity instrument. |
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