Key Performance Indicators
/ˌkiː pərˈfɔːrməns ɪnˈdɪkeɪtərz/
Definitions
- (n. pl.) Quantitative metrics used to evaluate the success of an organization or activity in achieving key objectives, often incorporated in legal contracts or compliance frameworks to measure performance obligations.
The contract stipulated specific key performance indicators to assess the vendor's delivery quality.
Forms
- key performance indicator
Related terms
See also
Commentary
In legal contexts, KPIs are frequently embedded in contracts and compliance documents to provide objective criteria for performance evaluation and enforcement.
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.