1. The document discusses key concepts in language assessment including terminology, different types of assessments, and principles of effective assessment. 2. It describes formative and summative assessment, with formative used to identify student strengths and weaknesses and summative used to formally evaluate learning at the end of a period. 3. Important principles of language assessment discussed are practicality, reliability, validity, authenticity, and washback effect. Reliability and validity are important for assessments to accurately and consistently measure what they are intended to.