Clawback

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf Legal term
gptkbp:defines A provision whereby money already paid must be returned under certain conditions
gptkbp:enforcedBy Courts
Regulatory agencies
gptkbp:example gptkb:Medicare_clawback_in_US_healthcare
Recovery of bonuses from executives after accounting restatements
https://www.w3.org/2000/01/rdf-schema#label Clawback
gptkbp:purpose To recover funds in case of misconduct or error
gptkbp:relatedTo Financial regulation
Fraud prevention
Bonus recoupment
gptkbp:usedIn Tax law
Government contracts
Employment contracts
Executive compensation
gptkbp:bfsParent gptkb:Ali_Reynolds_series
gptkbp:bfsLayer 7