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.
1. a service provided (at a club or restaurant or airport etc.) whereby a patron leaves a car at the entrance and an attendant parks and retrieves it. Familiarity information: VALET PARKING used as a noun is very rare. Dictionary entry details.