any standard or reference by which others can be measured or judged: The current price for crude oil may become the benchmark. In medieval England and in Germany, "a tract of land held in common by a community," hence Mark of Brandenburg, etc. noun a standard of excellence, achievement, etc., against which similar things must be measured or judged: The new hotel is a benchmark in opulence and comfort. SMART Vocabulary: related words and phrases. To make (one's) mark "attain distinction" is by 1847. a level of quality that can be used as a standard when comparing other things: Her outstanding performances set a new benchmark for singers throughout the world. The notion of "sign, token" is behind the meaning "a characteristic property, a distinctive feature" (1520s), also that of "numerical award given by a teacher" (by 1829). 1200) is the notion in marksman and slang sense "victim of a swindle" (1883). Benchmark test definition: A benchmark is something whose quality or quantity is known and which can therefore be. Typically, broad market indexes such as S&P. Sense of "line drawn to indicate the starting point of a race" (as in on your marks. A benchmark is a standard that is used to measure the performance of a security, mutual fund, or investment manager. Dimensions typically measured are quality, time and cost. Meaning "a cross or other character made by an illiterate person as a signature" is from late Old English. Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. A diverse range of benchmark wines were lined up to tantalise the group, while the wine specialist and I fielded questions from the savvy and vinously curious participants.: In three weeks time, though, there are going to be large changes to the market average, which everyone is trying to benchmark their performance against. as a sign of a boundary," through "a sign in general," then to "impression or trace forming a sign." Meaning "any visible trace or impression" is recorded by c. The primary sense "boundary" had evolved by Old English through "pillar, post, etc. benchmark benchmarkbenchmark to use a companys good performance as a standard by which to judge the performance of other companies of the same typebenchmark. The Germanic word was borrowed widely and early in Romanic (compare marque march (n.2), marquis). Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. "trace, impression," Old English mearc (West Saxon), merc (Mercian) "boundary, limit sign, landmark," from Proto-Germanic *markō (source also of Old Norse merki "boundary, sign," mörk "forest," which often marked a frontier Old Frisian merke, Gothic marka "boundary, frontier," Dutch merk "mark, brand," German Mark "boundary, boundary land"), from PIE root *merg- "boundary, border." Influenced by, and partly from, Scandinavian cognates.
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