Giveback definitions and example sentences on Wordnik

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Definitions (2)

noun A cutback in employee wages or benefits conceded by a labor union in acknowledgment of unfavorable economic conditions or in exchange for other benefits.
noun Something that is rebated or returned.

Yes, it still adds up to a $10 million giveback, and it still means the end of lifetime job guarantees for nearly 200 Guild members. — UUpdates - All updates
GM readies giveback proposals for bondholders, UAW Associated Press Writers
Comments | Recommended span class = "vitstorybody" > GM readies giveback proposals for bondholders, UAW
The moderate moves follow a strong run in stocks so some giveback isn't surprising. — Charlotte Observer: * Home Page
The moderate moves in stock futures also comes after a strong run in stocks so some giveback wouldn't be surprising for investors. — Charlotte Observer: * Home Page