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Performance management programs can be used for many purposes, including promotions, transfers, layoffs, and pay decisions.
Par Value
The nominal or face value of a stock or bond, representing the value at which it is issued and often used as a legal reference point.
Market Value
The current price at which an asset or service can be bought or sold in a transparent and competitive market.
Treasury Stock
Shares that were once a part of the outstanding shares and have been bought back by the company, reducing the amount of stock on the open market.
Income Statement
A financial report summarizing the revenues, costs, and expenses incurred during a specified period, typically a fiscal quarter or year, showing the company's net earnings or losses.
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