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Simple English definitions for legal terms

clawback

Read a random definition: legislative-equivalency doctrine

A quick definition of clawback:

Clawback: When someone takes back money that they gave to someone else. It can also mean when the government takes away tax benefits by making people pay more taxes.

A more thorough explanation:

Definition: Clawback refers to the act of taking back money that has already been paid out or retrieving tax allowances through additional forms of taxation.

Example 1: A company pays out a bonus to an employee, but later discovers that the employee did not meet the performance criteria for the bonus. The company may then initiate a clawback to retrieve the bonus payment.

Example 2: In some cases, governments may provide tax allowances or incentives to individuals or businesses. However, if it is later discovered that the recipient did not meet the requirements for the allowance, the government may initiate a clawback by imposing additional taxes or penalties.

Both examples illustrate the concept of clawback, which involves taking back money or benefits that were previously paid out. This can occur in various contexts, such as employment contracts, financial transactions, or government policies.

clausura | Clayton Act

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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