Meaning of “grading” in the English Dictionary

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"grading" in Business English

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uk /ˈɡreɪdɪŋ/ us PRODUCTION, HR

[ U ] the process of judging the quality of a product, substance, or organization, or the performance of an employee:

The Medical Association has created a system of grading for organs that are to be donated.
grading rules/system/criteria Intel's three-month employee grading process begins in January.

[ C ] a rank or level of quality given to a product, substance, person, or organization:

The primary school received a 'good' grading.
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(Definition of “grading” from the Cambridge Business English Dictionary © Cambridge University Press)