What's the difference between clawback and mistake?

Clawback


Definition:

  • (n.) A flatterer or sycophant.
  • (a.) Flattering; sycophantic.
  • (v. t.) To flatter.

Example Sentences:

  • (1) It is likely to call for banks to retain more capital and for some form of clawback if firms perform less well than expected.
  • (2) "If the same individual maximises the pension tax relief – they can put in up to £245,000 of their salary and get relief – then the cost of the tax relief clawback will be around £51,000.
  • (3) "If you listen to what Lloyds said in 2011 when they took the initial £3.2bn charge – that was used for a pretext for making a clawback on 12 executives.
  • (4) When they are paid next year the G20 deal brokered by Barack Obama and Brown means that a proportion of bonuses will be deferred and payments will be subject to clawback provisions.
  • (5) Any Treasury clawback will only serve to take resources still further from the frontline.
  • (6) Given that clawback has only been possible since 2010, attention focused on former chief executive Michael Geoghegan and Sandy Flockhart, the former boss of Mexican operations, who left this month due to ill health, as likely candidates for clawback.
  • (7) This includes monitoring sales to ensure that colleagues have met customer needs appropriately and communicated important information clearly … We also have clawback mechanisms in place for any colleagues who make inappropriate sales."
  • (8) And as the provisions continue to rise, Gordon believes the bank could look at further clawbacks against its executives.
  • (9) Such clawbacks may be a feature of the bonus season because of the waves of scandal to hit the industry ranging from payment protection insurance mis-selling in the UK to fines for Libor fixing and money laundering.
  • (10) Lagarde added that the IMF’s research suggests bonuses should be tied to longer-term, rather than short-term gains; and that banks should use “clawback”, to force staff who have hit their firm’s performance to pay back part of their bonuses.
  • (11) Hampton won't give numerical details, but explains that RBS is regularly recovering payments from previous years: We've done quite a lot of clawback in the last couple of years, on a variety of issues.
  • (12) (Carriers had a "clawback" clause in case customers abandoned the contract.)
  • (13) Osborne says the Britain has been leading the way on bankers remuneration in recent years, on transparency and clawbacks.
  • (14) "The Walker report has left in a reference to 'clawback' but it is not clear whether it means asking for the money back once it has been paid or forfeiture of the deferred, but as yet unpaid bonuses," said Alistair Woodland, a partner at Clifford Chance.
  • (15) If the regulator is allowed to cap retail electricity bills, a "clawback" mechanism, already used by some states in the US, would have to be incorporated based on future movements in wholesale energy markets.
  • (16) As of next April, the new lower threshold for clawback of working tax credit on income over £3,850 will mean that I will lose 48% of a proportion of my state pension and also of any small profits I might make in my business.
  • (17) Apparently this clawback arrangement will incentivise me to work.
  • (18) Ideally, these should be subject to clawback over the long-term.
  • (19) The bank is keen to avoid a fresh revolt at this annual meeting after its report outlining directors' pay and the clawback provisions is published next month.
  • (20) Bonuses must be spread over a longer period; they must be subject to clawback; more of the spoils must be paid in shares; and more information must be published about who gets what.

Mistake


Definition:

  • (v. t.) To make or form amiss; to spoil in making.
  • (v. t.) To take or choose wrongly.
  • (v. t.) To take in a wrong sense; to misunderstand misapprehend, or misconceive; as, to mistake a remark; to mistake one's meaning.
  • (v. t.) To substitute in thought or perception; as, to mistake one person for another.
  • (v. t.) To have a wrong idea of in respect of character, qualities, etc.; to misjudge.
  • (v. i.) To err in knowledge, perception, opinion, or judgment; to commit an unintentional error.
  • (n.) An apprehending wrongly; a misconception; a misunderstanding; a fault in opinion or judgment; an unintentional error of conduct.
  • (n.) Misconception, error, which when non-negligent may be ground for rescinding a contract, or for refusing to perform it.

Example Sentences:

  • (1) Based upon the analysis of 1015 case records of patients, aged 16-70, with different hip joint pathology types, carried out during 1985-1990, there were revealed mistakes and complications after reconstructive-restorative operations.
  • (2) But to treat a mistake as an automatic disqualification for advancement – even as heinous a mistake as presiding over a botched operation that resulted in the killing of an innocent man – could be depriving organisations, and the country, of leaders who have been tested and will not make the same mistake again.
  • (3) It's a mistake to say Etonians are as they are because of their families.
  • (4) Conservationists have warned that they can affect fish growth and persist in the guts of mussels and fish that mistake them for food.
  • (5) After trading mistakes, Wawrinka got lucky at 30-30, mishitting a service return and fooling Djokovic.
  • (6) Masutha said the parole board had made a mistake when they approved Pistorius for early release, but his intervention has been widely criticised by legal experts.
  • (7) After winning his prize, Malcolm Turnbull must learn from Abbott's mistakes Read more Abbott appointed Warren Mundine to head his hand picked advisory council on Indigenous affairs.
  • (8) BUSH ON IRAQ TONIGHT: Mr President, if I can move on to the question of Iraq, when we last spoke before the Iraq war, I asked you about Saddam Hussein and you said this, and I quote: "He harbours and develops weapons of mass destruction, make no mistake about it."
  • (9) I believe Flower when he promises he would not repeat his mistake.
  • (10) He admitted to "very serious mistakes", highlighting problems with the party's channels of communication.
  • (11) But Wawrinka, who seemed to be flexing his knee a moment ago, is making more mistakes.
  • (12) "Don't be discouraged that we have to acknowledge potentially we've made some mistakes.
  • (13) The most common provoking factor in case of status and series were medication mistakes.
  • (14) The UN already made a mistake, they broke their own rule.
  • (15) Make no mistake about who the chief beneficiaries are.
  • (16) He added that the appearance this week on Libyan television of the Lockerbie bomber Abdelbaset al-Megrahi showed it had been a mistake by the Scottish justice minister to release him on compassionate grounds in 2009.
  • (17) Other parents are going to have to look into it, because I’ve made a big mistake moving him.
  • (18) Mistakes in maternity care account for a third of the £1bn a year the NHS has to spend settling medical negligence claims.
  • (19) These figures cast doubt on health secretary Jeremy Hunt's claim that the rise in A&E attendances was due to Labour's "historic mistake" in 2004 to let GPs no longer take responsibility for providing out-of-hours care.
  • (20) We make mistakes, and fall victim to the temptations of pride, and power, and sometimes evil.