a hindrance or disadvantage; an undesirable or objectionable feature.
Commerce. an amount paid back from a charge made.
Government. a refund of tariff or other tax, as when imported goods are reexported.

1610–20; noun use of verb phrase draw back

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
drawback (ˈdrɔːˌbæk)
1.  a disadvantage or hindrance
2.  a refund of customs or excise duty paid on goods that are being exported or used in the production of manufactured exports
vb (often foll by from)
3.  to retreat; move backwards
4.  to turn aside from an undertaking

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin & History

"hindrance, disadvantage,"1720, from draw + back. The notion is of something that "holds back" success or activity.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
It has two significant drawbacks, however: it is fragile and overheats.
But according to some, there are still a few drawbacks.
The only drawbacks seem to be rainy weather and environmental degradation from
There is always drawbacks ie cutting down of trees, and forest for
  redevelopment and what not.
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