merit rating

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

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Dictionary Entries Near merit rating

Cite this Entry

“Merit rating.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/merit%20rating. Accessed 3 Oct. 2023.

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