giveback
Americannoun
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(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.
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something returned, rebated, etc..
Givebacks to dealers have increased car sales.
Etymology
Origin of giveback
First recorded in 1975–80; noun use of verb phrase give back
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
By contrast, the Fowler Museum uncovered the items’ illicit history on its own and initiated the giveback.
From Los Angeles Times • Feb. 5, 2024
The giveback, which still needs approval from the full board, would amount to $690 per student and cost the university $7.5 million.
From Washington Post • Sep. 15, 2022
In the settlement of a two-day strike in 1985, the sides raised eligibility to three seasons starting in 1987, the first significant giveback by players during bargaining.
From Seattle Times • Dec. 3, 2021
“A huge part of OTR’s branding is our giveback program,” Cox says.
From Slate • Jul. 16, 2020
So light and air is the big giveback.
From New York Times • Jul. 7, 2015
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.