giveback

or give-back

[ giv-bak ]
See synonyms for giveback on Thesaurus.com
noun
  1. (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.

  2. something returned, rebated, etc.: Givebacks to dealers have increased car sales.

Origin of giveback

1
First recorded in 1975–80; noun use of verb phrase give back

Words Nearby giveback

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023