Malus Definition
noun
(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.
Wiktionary
Synonyms:
- genus Malus
Other Word Forms of Malus
Noun
Singular:
malus
Plural:
malusesMalus Is Also Mentioned In
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