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Corrector 

That one person who has to correct everybody on their grammar, spelling, pronunciation of words or any trivial fact that may be off by 1%. We all know and have this person in our lives.
As Jerry was telling us about tomorrow's weather forecast, the Corrector said it called for rain 25% not 20% as Jerry stated earlier.
Corrector by will bitten November 30, 2017

market correction 

A business term used to describe how a free-market economy balances itself after extreme events run their course like a rising stocks after a recession or the real estate bubble burst. The word crossed over into everyday use to similarly describe when one's fortune or luck changes, for bad or good, changing the course of daily life.
BAD:
Bob: Last summer I was was nailing babes left and right. Now that I'm back at college...nothing!

Pete: Ah, well, you're not that attractive or interesting. You just had a lucky streak. You were due for a market correction. Consider yourself forntunate if any girl even talks to you, bro!

GOOD:
Pete: I was just promoted at work! I've been wasting my talents there for WEEKS, but the VP just quit and they promoted me to replace him. Guess I was due for a market correction, huh? How's the girl situation, Bob?

Bob: I hate you.

correctionary 

A person who catches someone's grammatical errors and corrects them
"i can be very complimentive."
"don't you mean complimentary?"
"why thank you mr. correctionary"
correctionary by a_for_ashton October 24, 2009

Correction Errection 

When aroused by the correction of grammar and or spelling.
Guy: 'Hey, waht's up?'
Girl: 'what's*'
Guy: 'mmm..'
Girl: 'What?'
Guy: 'You gave me a correction errection'

correctomaniac 

A person addicted to correcting other people’s errors, no matter how small.
Every time I send her an e-mail, she underlines any grammar errors, miss-spellings, or slang words and sends it back. What a correctomaniac!
correctomaniac by bmulligan1 December 16, 2018

Drunk Correction 

A correction angle that is factored into one's beer pong shot due to extensive intoxication.

The size and placement of the angle is completely dependent on the level of intoxication of the shooter. It is also an acquired skill that develops over time and is usually non-existent in those that suck at beer pong and/or drinking.

Note that this is similar to the concept of crosswind correction, an airplane piloting technique referring to the correction needed for a crosswind present during landing.
"Wow, Darren has been drinking heavily all day and he's still hitting cups like a champion. He really has great drunk correction."

"Dammit Matt, either start putting in some drunk correction or I'm finding a new partner. I'm carrying this team, asshole."
Drunk Correction by Pilotguy44 October 19, 2009