Takeback

Takeback is a term that can refer to the act of taking something back or reclaiming it, or more broadly to a policy or practice involving the return or undoing of something previously given, released, or stated. In rhetoric or casual speech, a takeback describes retracting a claim, apology, or assertion after it has been made. This usage is informal; in formal writing the phrase "take back" is more common than the noun form.

In games and sports, a takeback is an informal undo of a move, allowing a player to reverse their last action. It is common in casual play but not allowed in many official competitions.

In policy and business, takeback refers to programs or obligations of producers to reclaim products at end of life or packaging, parts, or electronics—often known as take-back programs or producer take-back obligations. These are part of extended producer responsibility frameworks and aim to reduce waste and ensure recycling, lawful disposal, or refurbishment.

The term is also used in other contexts to indicate a general reclaiming or reversal of an arrangement, such as a contract term or financial arrangement, though the specifics vary by jurisdiction and industry. Overall, takeback centers on restoring a prior state by reclaiming, undoing, or returning items, claims, or responsibilities.