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English definition of “performance”

performance

noun     /pəˈfɔːməns/
[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 .
→ See also high-performance, specific performance
(Definition of performance noun from the Cambridge Business English Dictionary © Cambridge University Press)
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