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giveback

   Also found in: Financial, Wikipedia 0.06 sec.
give·back  (gvbk)
n.
1. A cutback in employee wages or benefits conceded by a labor union in acknowledgment of unfavorable economic conditions or in exchange for other benefits.
2. Something that is rebated or returned.
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This isn't a water giveback -- things are too far gone for that -- but it is a creative diversion of the river that allows it to nurture nature as it rolls south to L.
EDITORIAL LET THE RIVER FLOW by Daily News (Los Angeles, CA)
Unions in any industry are loath to contemplate givebacks.
Strike phobia: school boards need to drive a harder bargain by West, Martin R. / Education Next
for $280 million in annual givebacks violates US bankruptcy law and should be blocked.
Company Watch - Delta Air Lines by Airguide Online
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