noun
1. : computation of an insurance premium for a particular risk on the basis of its individual loss-causing characteristics — see experience rating
2. : the rating of an employee by systematic evaluation of his proficiency in a job
noun
1. : computation of an insurance premium for a particular risk on the basis of its individual loss-causing characteristics — see experience rating
2. : the rating of an employee by systematic evaluation of his proficiency in a job
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012