Scoring system refers to the means by which numerical values are assigned to evaluate the performance of an individual, team, or organization. There are several synonyms for scoring system, including grading system, assessment mechanism, numerical ranking, scoring method, evaluation technique, rating system, and point system. Each of these synonyms has a unique nuance and is used in different contexts. Grading system is a widely used term in education, while numerical ranking is applied in competitive sports. Scoring method and assessment mechanism are employed in determining credit scores and performance assessments in the corporate world. Rating system and point system are popular in the entertainment industry.