14:04 Jan 4, 2020 |
Japanese to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Reiko Ando United States | ||||||
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4 +1 | malus clause |
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malus clause Explanation: malus "a financial penalty incurred by a trader, investor, or banker when an investment or deal results in a loss" (Collins English Dictionary) malus https://www.yourdictionary.com/malus e.g., "When bank fired the loan originator, they recovered the last two years of her bonuses under the malus clause in her contract." Malus clauses in Executive contracts https://www.hr.com/en/app/blog/2009/02/malus-clauses-in-exec... "Malus clause (also called ‘Bonus Malus’, ‘Staggered Payment’ or ‘Clawback’)" |
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