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Clawback
CLAWBACK

Definition: (British English, business) The act of getting money back from people it has been paid to; the money that is paid back.
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* All nine elements should be in.

* This is about the act, not a sum.


1. Purposeful (to emphasize).

2. Considered a necessity to get money back.

3. (Reserved.) (Requested for by payer on account of poverty, poor quality or a dissatisfaction, or offered by seller on account of a recall, error, etc.)

4. Not illegal. That is, arrangement is not against the terms and conditions of earlier sale or exchange. In other words, 'contract' includes or included a provision for a refund.

5. Good or service that refund was made for was no more used or it was returned after the money was received.

6. Value of money received, is still comparatively reasonable. That is, sum was received timely (to emphasize, connect to #8).

7. What was received was the correct amount (connect to #6).

8. Processing of the claim was prompt and did not cost more than the amount being received or claimed back (to emphasize).

9. Receipt serves purpose(s).
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See perfect RECALL (3).

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