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Definition 2024


performance_metric

performance metric

English

Noun

performance metric (plural performance metrics)

  1. (business) A measurement of performance, often financial performance, either against peers or against a predetermined target.
    • 2014, Wikipedia, Performance metric
      A criticism of performance metrics is that when the value of information is computed using mathematical methods, it shows that even performance metrics professionals choose measures that have little value. This is referred to as the "measurement inversion".

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