Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A concession made by a labor union during contract negotiations.
- noun Something that is rebated or returned.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun A
rebate . - noun A
reduction inpay orconditions as a result of unfavourableeconomic conditions.
Etymologies
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Examples
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The $80 billion "giveback" deal is a drop in the ocean for drug companies.
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Rookie wage cap, blood testing, benefit cuts, a nearly 20 percent "giveback" and a work stoppage were prominent in a recent communication that NFL Players Association executive director DeMaurice Smith sent to player representatives in describing a bleak labor negotiation picture.
ESPN.com 2010
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This is the second year for the "giveback" performances, which recognize community support of the home.
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But do so, mind you, without interfering with anyone's shot at achieving the "Who Wants To Be A Millionaire" version of The American Dream; while still allowing people and companies who are already rich to keep getting richer and richer; but while also asking that in exchange for all the top-tier salaries, profits, dividends, and interest income they take out of our economy, there be a mandatory, no-loopholes-allowed "giveback" requirement -- in the form of high taxes that may sting a bit, but which will allow them to remain quite rich -- while helping reduce the deficit without taking a heavy toll on the poor and the middle class
OpEdNews - OpEdNews.Com Progressive, Tough Liberal News and Opinion 2010
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Management is requesting some kind of giveback or pay modification, and unions are resisting, "he said.
unknown title 2009
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It's another thing to get a massive giveback with NBA players ready to go from 57 percent to 51 percent of basketball-related income, then go to war for the last 1 percent.
Mark Heisler: Historic Blunder, Anyone? Mark Heisler 2011
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Jim Quinn , a lead negotiator for the union, said the owners' proposal would have rolled back player pay to 2007 levels and amounted to a giveback of up to $8 billion over the course of the proposed 10-year deal.
As NFL Talks Collapse, Players Disband Union Matthew Futterman 2011
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Instead of asking the fortunate few, why doesn't Ted asked the gifted masses of state employees to do a little giveback?
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"It's a little bit of giveback after last week's big rally," said Tom Bentz , the director of BNP Paribas Prime Brokerage Inc.
Crude Drifts Lower as Volume Is Cut in Half Christian Berthelsen 2011
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Perhaps it's a website programming error, or perhaps it's a customer giveback for the 3 million USD sales thanks to Twitter not long ago.
Global Voices in English » Taiwan: Dell, Caught in the Web 2009
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