- performance
- performance per‧form‧ance [pəˈfɔːməns ǁ pərˈfɔːr-] noun1. [countable, uncountable] FINANCE the degree to which a company, investment, financial market etc is profitable:
• The company is showing strong performance and doing considerably better than the retail industry as a whole.
• They will report a $500 million loss, one of the worst performances ever by a US brokerage firm.
• Consumers believed the car's price was relatively expensive for its performance.
• Some people were critical of her performance as a manager.
4. [uncountable] LAW the act of doing the things mentioned in a contract in the way that they should be done:• the seller's performance of his part of the contract
speˌcific perˈformance [uncountable]LAW when a court orders someone to do what they had agreed to do in a contract etc rather than ordering them to pay Damages (= money) as a punishment for not doing these things:• An order for specific performance is one which requires the seller to deliver the goods and does not give him the option of paying damages instead.
• a specific performance claim
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performance UK US /pəˈfɔːməns/ noun► [C or U] how successful an investment, company, etc. is and how much profit it makes: »The Fund's past performance does not necessarily indicate how it will perform in the future.
good/solid/strong performance »Last year saw a strong performance from the high-street retailer.
bad/disappointing/poor performance »The retailer said it would restructure operations to cut costs after its disappointing performance of the past year.
business/economic/financial performance »Financial performance was below expectations and we are working on improvements.
boost/improve/measure performance »The board is under pressure to improve performance following a profits warning in January.
»The business value model should include high-level performance measures such as profitability, market growth, etc.
»operating/trading performance
► [U] IT how well a computer, machine, etc. works: »The latest Intel-based notebooks rival PC performance.
► [U] how well someone does their job or their duties: good/impressive/poor perfomance »He was fired for poor performance.
»John's departure is not directly related to his performance.
► FORMAL LAW the act of doing what is stated in a legal agreement: »Subject to due performance of its obligations, each Party shall be entitled to receive copies of all results.
Financial and business terms. 2012.