Definition of «drawback»

The term "drawback" has several meanings, depending on its context.

1) In finance, drawback refers to a refund or rebate given when an asset is sold for less than it was purchased for. This can occur in situations where the value of the asset decreases over time.

2) In accounting, drawback refers to the process of deducting expenses from taxable income. For example, if a company incurs certain costs while producing goods for export, they may be able to claim a refund of some or all of these costs through a drawback program administered by the government.

3) In sports, drawback refers to the act of pulling back one's arm before throwing a ball, in order to generate more force and power behind the throw.

Overall, "drawback" can refer to getting something back after it was lost or spent, whether that be money, value, or strength.

Usage examples

  1. One drawback of living in a crowded city is the lack of personal space.
  2. A major drawback of using public transportation is the potential for delays and breakdowns.
  3. One drawback of using a smartphone is the constant distraction it can cause.
  4. A significant drawback of online shopping is the inability to try products before making a purchase.
  5. One drawback of relying on technology for communication is the loss of face-to-face interaction.
  6. A potential drawback of working from home is the difficulty in separating personal and professional life.

Sentences with «drawback»

  • The only major drawback of this supplement is its recommended dosage of 6 capsules in a day which can be difficult for a lot of users to consume on a daily basis. (pronutrics.co)
  • The other big drawback of this type of policy is the limitation on the death benefit amount. (paramountlifeinsurance.com)
  • One of the biggest potential drawbacks with many auto repair insurance policies is the fact that there are usually some major exceptions in these policies. (autos.com)
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