The term 'performance-based' combines 'performance,' originating from the Old French 'parformance,' meaning 'completion' or 'accomplishment,' with 'based,' derived from the Old French 'bastir,' meaning 'to build.'

'Performance' evolved from the Old French 'parformance' to the modern English 'performance,' while 'based' transformed from the Old French 'bastir' to the modern English 'base.'

Initially, 'performance' referred to the act of completing a task, but it has evolved to encompass the quality of execution, while 'based' has retained its meaning of foundation or support.