benchmark


1bench·mark

noun \ˈbench-ˌmärk\

: something that can be used as a way to judge the quality or level of other, similar things

Full Definition of BENCHMARK

1
usually bench mark :  a mark on a permanent object indicating elevation and serving as a reference in topographic surveys and tidal observations
2
a :  a point of reference from which measurements may be made
b :  something that serves as a standard by which others may be measured or judged
c :  a standardized problem or test that serves as a basis for evaluation or comparison (as of computer system performance)

Examples of BENCHMARK

  1. a stock whose performance is a benchmark against which other stocks can be measured
  2. <this prize-winning biography will be the benchmark against which all others will be judged in future years>

First Known Use of BENCHMARK

circa 1842

Other Cartography Terms

Robinson projection, plat, projection, topography

2benchmark

verb

Definition of BENCHMARK

transitive verb
:  to study (as a competitor's product or business practices) in order to improve the performance of one's own company

First Known Use of BENCHMARK

1972

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

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