Clawback: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (c) |
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== See also == | == See also == | ||
* [[Placing]] | * [[Placing]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Revision as of 08:40, 8 October 2013
1. Corporate finance. In certain placings, the right of existing shareholders to buy the shares being placed. Clawback entitlements apply to large placings or to placings priced at a significant discount, and have the effect of enabling existing shareholders to preserve their interest and proportionate control in the company making the placing.
2. Tax. The reversal of all or part of a tax credit or relief given previously.
3. The repayment or reversal of all or part of any amount paid or credited previously.
