Simple Definition of giveback
business : a previous gain (such as increased wages or benefits) that is given back to a company by workers as part of an agreement
Full Definition of giveback
: a previous gain (as an increase in wages or benefits) given back to management by workers (as in a labor contract)
Examples of giveback
The union had to agree to certain givebacks in order to save the jobs of all its members.
First Known Use of giveback
Rhymes with giveback
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Seen and Heard
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