bench·mark
ˈbench-ˌmärk
1
a
: something that serves as a standard by which others may be measured or judged
a stock whose performance is a benchmark against which other stocks can be measured
b
: a point of reference from which measurements may be made
c
: a standardized problem or test that serves as a basis for evaluation or comparison (as of computer system performance)
2
usually bench mark
: a mark on a permanent object (such as a concrete post set into the ground) indicating elevation and serving as a reference in topographic surveys and tidal observations
benchmarked; benchmarking; benchmarks
business
: to study (something, such as a competitor's product or business practices) in order to improve the performance of one's own company
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Merriam-Webster unabridged
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