- Givebacks
Givebacks is a union term for the reduction or elimination of previously won benefits.
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Givebacks
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giveback — /giv bak /, n. 1. (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. 2.… … Universalium
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