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[giv-bak] /ˈgɪvˌbæk/

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


Something previously granted, esp in a labor contract, that must now be forfeited: The new contract has no raises and several givebacks, especially in health-care benefits (1990s+)


Read Also:

  • Give a wide berth

    Avoid, as in After Jane told on them, they gave her a wide berth. This expression alludes to giving a vessel enough room to swing at anchor so as to avoid a collision. [ Mid-1800s ]

  • Give away the store

    verb phrase (also give away the keys to the store) To concede too much; be overly generous: His opponents complained that Dinkins would give away the store to his friends in labor/ to reinforce the president without giving away the shop/ the Republican Congressional leaders had given them ”the keys to the store” (1980s+)

  • G-l

    1. grams per liter.

  • Gla

    abbreviation 1. Greater London Assembly, established in 2000 4-carboxyglutamic acid 1. gamma-linoleic acid 2. Glasgow International (Abbotsinch) Airport

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