takeback

[ teyk-bak ]

noun

1. something taken back or withdrawn, especially an employee benefit previously gained in a union contract; takeaway.

adjective

1. of or relating to what is taken back:

   a takeback agreement.

Word History and Origins

Origin of takeback¹

Noun use of verb phrase take back

Example Sentences

ERI partners with retailers such as Best Buy and Staples on their takeback programs, as well as local government e-waste collection programs in major municipalities, including New York City and Los Angeles.

From Washington Post