Related Words

Fire Insurance Requirement Form: A statement signed by the borrower agreeing to comply with the lenders requirements for fire insurance coverage.

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

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 Appraisal: A periodic review and evaluation of an individual's job performance.

Performance Art: Multimedia art form involving visual as well as dramatic and musical elements.

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

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