Related Words

Performance Benefit: Improvements in physical fitness as a result of exercise.

Performance Bond: A surety bond between two parties, insuring one party against loss if the terms of a contract are not fulfilled.

Performance Based Inspection System (PBIS): A computer-based system used by USDA’s meat and poultry inspection agency, the Food Safety and Inspection Service. The system organizes inspection requirements, schedules inspection activiti . . . View Full Definition

Performance Attribution Analysis: The decomposition of a money manager's performance results to explain the reasons why those results were achieved. This analysis seeks to answer questions such as: (1) What were the major so . . . View Full Definition

Performance Counseling: The process of improving employee performance and productivity by providing the employee with feedback regarding areas where he or she is doing well and areas that may require improvement.

Performance Evaluation: The assessment of a manager's results, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, seco . . . View Full Definition

Performance Measurement: Calculation of the return a money manager realizes over some time interval.

Performance Management: The process of maintaining or improving employee job performance through the use of performance assessment tools, coaching and counseling as well as providing continuous feedback.

Performance Improvement Plan: A plan implemented by a manager or supervisor that is designed to provide employees with constructive feedback, facilitate discussions between an employee and his or her supervisor regarding . . . View Full Definition

Performance Fund: A growth-oriented mutual fund investing in growth stock and performance stock with low dividends and high risk.