Key Performance Indicator
/ˌkiː pərˈfɔːrməns ɪnˈdɪkeɪtər/
Definitions
- (n.) A measurable value used to evaluate the success of an organization or of a particular activity in fulfilling legal, regulatory, or contractual obligations.
The contract included specific key performance indicators to ensure compliance with environmental laws.
Forms
- key performance indicator
- key performance indicators
Related terms
See also
Commentary
In legal contexts, KPIs often pertain to measuring adherence to contract terms, regulatory compliance, or statutory duties, thus requiring clear, objective criteria in drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.