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giveback
[ giv-bak ]
noun
- (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:
Givebacks have not slowed the number of shutdowns.
- something returned, rebated, etc.:
Givebacks to dealers have increased car sales.
51Թ History and Origins
Origin of giveback1
Example Sentences
NASA’s giveback was worth nearly $76 billion in economic impact in 2023, supporting more than 300,000 jobs.
The city would need to negotiate any giveback, which would likely require concessions on its end.
By contrast, the Fowler Museum uncovered the items’ illicit history on its own and initiated the giveback.
“None other than Meghan, the Duchess of Sussex, had started drinking our lattes. Not only did she love the product, but she was extremely passionate about supporting female founders, our sustainable sourcing and our food justice giveback.”
He’s smart enough to know the NHL’s giveback on tape falls short of total victory for communities that just last season benefitted from seeing their colors worn by players on the ice.
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