Performance Indicator
/pərˈfɔrməns ˌɪndɪˈkeɪtər/
Definitions
- (n.) A quantifiable measure used to evaluate the effectiveness or success of a legal obligation, contract, or regulatory compliance.
The contract stipulated specific performance indicators to assess timely delivery.
Forms
- performance indicators
Related terms
See also
Commentary
In legal contexts, performance indicators often guide enforcement and compliance assessment; drafters should ensure clarity on measurement criteria to avoid disputes.
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.