lettermarking

noun

when lawmakers send letters to government agencies in an attempt to direct money to projects in their home districts

A system of grading student's work using letters (e.g. A, B, C, D, F), as opposed to another system such as "pass/fail" or numerical grades.
“In the case of high schools which use a lettermarking system, the letters were transmuted into numbers by means of keys showing equivalent marks .”
“In reality this kind of lettermarking system is closely related to its predecessors in having a value range which imitates an employer's wage scale for his workers.”