An employee performance appraisal is a processâoften combining both written and oral elementsâwhereby management evaluates and provides feedback on employee job performance, including steps to improve or redirect activities as needed. Documenting performance provides a basis for pay increases and promotions.
What is a 'Concession'. A concession is a selling group's compensation in a stock or bond underwriting agreement. The amount of compensation is based on the underwriting spread, or the difference between what the public pays for the securities and what the issuing company receives from the sale. Included in the underwriting spread is the management fee, selling concession and underwriter's compensation.
A seller concession involves the seller of a property offering a potential buyer an incentive to make purchasing the property more attractive financially. Make certain all seller concessions are written in the contract and agreed upon by both parties.n a buyer's market, seller concessions often reduce the overall purchase price of the property; in a seller's market, a buyer may ask for an increase in the purchase price to offset the cost of a requested seller concession.