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:
maluses

Origin of Malus

  • From Latin, by analogy with bonus (“additional compensation”)

    From Wiktionary

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