Wherein the party of the first part hereby confuses the party of the second part.
The formal process of correcting errors, fixing mistakes, or making something right, often used in legal and governmental contexts when someone realizes they messed up the paperwork. It's the official term for 'oops, let's fix that' when dealing with contracts, treaties, or administrative errors that could have serious legal consequences. Politicians love this word because it sounds way more dignified than admitting they screwed up.
A court's reduction of an excessive jury award, essentially judicial editing when the jury got a little too generous with someone else's money. The plaintiff can accept it or demand a new trial.
To keep someone on your payroll or in your service, typically by paying them a retainer fee that ensures they'll pick up the phone when you call. A legal and consulting favorite that means "you're basically mine now, but without all the messy commitment of actual employment." Think of it as the corporate equivalent of keeping someone on speed dial, except they're contractually obligated to answer.