(but need not)

The JC’s Unmentionables™ Expressions our subeditor would strike from your copy — if we had a subeditor, and you submitted copy. →Go uptown 🚫🚫🚫Index: Click ᐅ to expand: Banned Flannel Drafting Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Banned.

As in “The Calculation Agent may (but need not) determine the appropriate correction or repayment, if any”. Popular amongst combat veterans members of ISDA’s crack drafting squad™.

Suitable for use only by those who are not sure what “may” means, or who are hazy about the concept of “discretion”.

That is, people who should not be professional writers.