Also found in: Financial.
Related to giveback: grievance procedure


1. A concession made by a labor union during contract negotiations: "The contract ... which called for a giveback of five sick days, was defeated by a ratio of more than 2 to 1" (New York Times).
2. Something that is rebated or returned: a tax giveback.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.


(Commerce) commerce US a reduction in wages in return for some other benefit, in time of recession
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014


or give′-back`,

1. (in union negotiations) a reduction in employee wages or benefits conceded by a union in exchange for other benefits or in recognition of depressed economic conditions.
2. something returned, rebated, etc.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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References in periodicals archive ?
Brim Financial is encouraging its cardmembers to get involved by opting into Brim's Charity Giveback Program.
Louis area, will be benefiting from Katie's Pizza & Pasta Osteria's Giveback Tuesday event on Tuesday, Aug.
In addition to digitizing the insurance process, Lemonade takes a fixed percentage as a flat fee, and donates a portion of unclaimed premium dollars to nonprofits during its annual ( 'Giveback.
A New Jersey judge ruled on Thursday that Hoboken lacked the authority to accept $3.485 million in "community giveback" payments from the redeveloper of a waterfront Hilton Hotel.
So far, trade-in is possible if you visit the nearest Apple store with your phone and ask for the Apple GiveBack system.
Their reinsurers continue to subsidize their loss ratio (but now paying "only" $2.44 of losses per dollar of premium), the average net loss and LAE ratio is still well above the 40 percent at which charities receive a giveback, and they are far from profitability.
The rates for old iPhones can be seen on the Apple GiveBack webpage.
That way, when it's time to use Apple GiveBack, you will get every penny that you deserve.'
Examples of such events include the GIVEBACK Concert by House of Oduduwa Foundation under the auspices of Oba Adeyeye Enitan Ogunwusi, the Ooni of Ife; Orphans Got Talent by Ashley Adegoke Foundation, among others.
These customers have been working their whole lives for our beloved country and it's only right that we as a company giveback and reward them." Mohammed al Malki, director of Public Relations and Communication at the General Retirement and Social Insurance Authority, thanked Ooredoo for its continued cooperation and support for the retirees, which aims to fulfil the needs in terms of communication and Internet solutions at best prices.
Apple on Thursday announced that it will make a donation to Conservation International for every device received at Apple storesincluding theUAE, and from now untilApril 30through Apple GiveBack.