malus

malus
 n.β€”Gloss: A penalty for poor performance, the opposite of a bonus. Β«A report by Frankfurt-based Center for Financial Studies has coined a new wordβ€”malus. Malus is Latin for “bad” while bonus means “good.” It says if executives can win bonuses for a superior performance, they also need to be exposed to penalties such as salary cuts for presiding over failures, which can have ramifications for financial stability.Β» β€”β€œFinancial crisis will axe 20 million jobs” Indian Express (New Delhi, India) Oct. 21, 2008. (source: Double-Tongued Dictionary)

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