malus
/ˈmeɪ.ləs/
Word Rarity
Very rare
Frequency: Zipf frequency 2.19 in modern English
7
Scrabble Score
5
Letters
1
Syllables
5
Unique Chars
Meaning
noun
The loss or 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.
Example Sentences
- "When bank fired the loan originator, they recovered the last two years of her bonuses under the malus clause in her contract."
- "The existence of boni and mali for the different risks can be interpreted through the sign of estimated covariances."
- "If the boni and mali do not depend on the frequency of claims, the average bonus-malus coefficient increases with the frequency."
- "Bidders with inferior quality, higher transport costs or additional switching costs receive a Malus which decreases their bid automatically to incorporate the disadvantages. Bonus Malus Auctions are used by about 50% of all companies."
- "Akramkhanov et al. (2010) also suggested a system of boni and mali on taxes to support the implementation of measures to achieve both water saving and salinity control (Table 3.3.1)."
- "If both the estimated payment- and checking-rate is not above a threshold in a district, the contracted party will receive a malus for that district, and no bonus for any other district."
Etymology
Origin
- Source language: Latin
Word Breakdown
- Root: malus, mālus