Drawback vs. Downside — What's the Difference?

Drawback, also known as duty drawback is the refund of duties, certain taxes, and certain fees collected upon the importation of merchandise into the United States. Refunds are only allowed upon the export/destruction of the imported merchandise or a valid substitute, or the export/destruction of a certain article manufactured from the imported merchandise or a valid substitute.

The lower side or portion.

A disadvantage or inconvenience.

A disadvantageous aspect

A refund or remittance, such as a discount on duties or taxes for goods destined for reexport.

A downward tendency, as in the price of a stock.

A disadvantage; something that detracts or takes away.

A disadvantageous aspect of something that is normally advantageous.

A partial refund of an import fee, as when goods are re-exported from the country that collected the fee.

A downward tendency, especially in the price of shares etc.

The inhalation of a lungful of smoke from a cigarette.

The side of something that is at the bottom, or that is intended to face downward.

A loss of advantage, or deduction from profit, value, success, etc.; a discouragement or hindrance; objectionable feature.

A negative aspect of something that is generally positive;

Money paid back or remitted; especially, a certain amount of duties or customs, sometimes the whole, and sometimes only a part, remitted or paid back by the government, on the exportation of the commodities on which they were levied.

The quality of being a hindrance;