1. reductions in prices, wages, or benefits to previous lower levels
Usage: plural form
2. reversals of policies, regulations, or programs to earlier states
Usage: plural form; often political or governmental context
3. processes of restoring computer systems or software to previous versions
Usage: plural form; technology

Examples

• The company announced rollbacks of employee benefits due to budget constraints.
• Environmental groups protested the rollbacks of clean air regulations.
• The new administration promised rollbacks of the previous tax increases.
• IT performed system rollbacks after the software update caused problems.
• Union leaders opposed the proposed wage rollbacks.
• The database rollbacks prevented data loss during the server crash.
• Healthcare rollbacks affected millions of patients nationwide.