Criterion (noun)

1. A standard or principle used to make a judgment or decision.
2. Something used to judge the quality, ability, or performance of something or someone.

Origin:

Late latin criterium, from greek kritērion, from neuter of kritērios judging, from krinein to separate, judge.

Examples:

1. The judge used the defendant's past criminal record as a criterion for their sentence.
2. The company established strict criteria for the selection of new employees.
3. Academic performance is often used as a criterion for college admission.
4. The product's safety and reliability were important criteria in the company's decision to launch it.
5. The coach used the player's speed and agility as criteria for the starting lineup.