Meaning of the word performant in English

What does performant mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

performant

US /pɚˈfɔːr.mənt/
UK /pəˈfɔː.mənt/

Adjective

having good performance; efficient and effective

Example:
The new software is much more performant than the old version.
We need to optimize the code to make it more performant.