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Clawback vs Malus - What's the difference?

clawback | malus | Synonyms |

Malus is a synonym of clawback.



As nouns the difference between clawback and malus

is that clawback is a rule that permits a party to take back evidentiary materials that were mistakenly turned over to the other party, but to which the other party would not have been entitled while malus is the return of performance-related compensation originally paid by an employer to an employee as a result of the discovery of a defect in the performance.

clawback

English

Noun

(en noun)
  • A rule that permits a party to take back evidentiary materials that were mistakenly turned over to the other party, but to which the other party would not have been entitled.
  • Money that a party is entitled to keep under one tax provision, but which is taken from them by another tax provision.
  • (US, business) Any recovery of a performance-related payment based on discovery that the performance was not genuine.
  • The airline got a clawback provision in the event of failure of the engines to meet fuel-consumption targets.
  • (obsolete) A flatterer or sycophant.
  • * Latimer
  • Take heed of these clawbacks .

    Synonyms

    * malus

    Coordinate terms

    * (l)

    malus

    English

    Noun

    (es)
  • (business) The return of performance-related compensation originally paid by an employer to an employee as a result of the discovery of a defect in the performance.
  • When bank fired the loan originator, they recovered the last two years of her bonuses under the malus clause in her contract.

    Usage notes

    * Might occur in financial services in connection with defaulted loans.

    Synonyms

    * clawback

    Coordinate terms

    * (l)

    Anagrams

    * ----