benchmark


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bench·mark

 (bĕnch′märk′)
n.
1. A standard by which something can be measured or judged: "Inflation ... is a great distorter of seemingly fixed economic ideas and benchmarks" (Benjamin M. Friedman).
2. often bench mark A surveyor's mark made on a stationary object of previously determined position and elevation and used as a reference point, as in geologic surveys or tidal observations.
tr.v. bench·marked, bench·mark·ing, bench·marks
To measure (a rival's product) according to specified standards in order to compare it with and improve one's own product.

[From the use of the surveyor's mark as a place to insert an angle iron that serves as a bench, or level surface, for the support for a leveling rod.]

benchmark

(ˈbɛntʃˌmɑːk)
n
1. (Surveying) a mark on a stone post or other permanent feature, at a point whose exact elevation and position is known: used as a reference point in surveying. Abbreviation: BM
2.
a. a criterion by which to measure something; standard; reference point
b. (as modifier): a benchmark test.
vb
to measure or test against a benchmark: the firm benchmarked its pay against that in industry.

bench′ mark`


n.
1. a mark of known or assumed elevation from which other elevations may be established. Abbr.: BM

bench′mark`

or bench′ mark`



n.
a standard or reference by which others can be measured or judged.
[1835–45]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.benchmark - a standard by which something can be measured or judged; "his painting sets the benchmark of quality"
criterion, standard, touchstone, measure - a basis for comparison; a reference point against which other things can be evaluated; "the schools comply with federal standards"; "they set the measure for all subsequent work"
2.benchmark - a surveyor's mark on a permanent object of predetermined position and elevation used as a reference pointbenchmark - a surveyor's mark on a permanent object of predetermined position and elevation used as a reference point
point of reference, reference point, reference - an indicator that orients you generally; "it is used as a reference for comparing the heating and the electrical energy involved"

benchmark

noun reference point, gauge, yardstick, measure, level, example, standard, model, reference, par, criterion, norm, touchstone The truck industry is a benchmark for the economy.

benchmark

noun
A means by which individuals are compared and judged:
Translations

benchmark

[ˈbentʃmɑːk]
A. Ncota f
B. CPD benchmark price Nprecio m de referencia

benchmark

n (Surv) → Höhenfestpunkt m; (fig)Maßstab m
adj attr benchmark priceRichtpreis m; benchmark rateBenchmark f; the benchmark machinedie Maschine, die Maßstäbe setzt
References in periodicals archive ?
Benchmark Management Group Inc., a managing general agent and wholesale insurance broker with locations in the Chicago and Milwaukee areas, has been acquired by national wholesale insurance broker, managing general agency and program manager, Worldwide Facilities LLC.
Donal Smith, chair of Credit Benchmark, noted: "Mr.
In support of the notion that marketing benchmarks are untrustworthy, consider a few informal criticisms: A recent Wall Street Journal article on the question of laundry detergent benchmark (Ziobro and Ng 2013) stated, "For years, consumer-product makers could count on extra sales from shoppers who poured in too much detergent with every load." Adam Lowry, a detergent executive, observed, "In an extremely mature market like laundry, for established players to grow they have to either steal share or get people to use more.
The benchmark was put in place as a temporary measure in March 2017, as part of a range of actions over recent years to reinforce sound lending practices.
"...It is proposed that all new floating rate (for) personal or retail loans (housing, auto, etc) and floating rate loans to Micro and Small Enterprises extended by banks from April 1, 2019 shall be benchmarked" to repo rate, or 91/182 Treasury Bill yield or any other benchmark market interest rate produced by the Financial Benchmarks India Pvt Ltd (FBIL).
At present the benchmarking report is now at the 13th edition and includes "the latest figures on the performance of leading European cities in 2016 and illustrates the main trends in city tourism between 2012 and 2016, enabling individual city destinations to benchmark themselves in terms of volume and other parameters, especially key source markets" (European Cities Marketing, 2017).
In June, Benchmark helped oust Uber's co-founder, Travis Kalanick, as chief executive.
6 percent versus the benchmark (KSE-100) return of 27.45 percent during the corresponding period last year.
The cheating mechanism causes the OnePlus 5 to report benchmark results to report at the maximum potential ability for OnePlus 5.
Using the 2,500-square-feet-per-bed benchmark as an example, here are eight things to consider when evaluating healthcare design benchmarks:
ISLAMABAD -- The Securities and Exchange Commission of Pakistan has directed all asset management companies to use standardized benchmarks for collective investment schemes intended for better comparison of the performance against their benchmarks, a statement said on Thursday.
Category wise standardization of benchmark will enable and facilitate the investors to instantly compare the performance of different schemes within a category offered by different asset management companies against the benchmark return.