Bench Mark Definition

A benchmark is a standard against which the performance of a security mutual fund or investment manager can be measured. Comparison and improved performance.

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For centuries the accepted way of determining height was to measure the height of physical monuments above some reference surface mean sea level as well as it could be determinedthese bench marks can still be seen dotted around the landscape in various forms.

Bench mark definition. Something that serves as a standard by which others may be measured or judged. Benchmarking is a process of measuring the performance of a companys products services or processes against those of another business considered to be the best in the industry. The new hotel is a benchmark in opulence and comfort.

Benchmark definition a standard of excellence achievement etc against which similar things must be measured or judged. Benchmark synonyms benchmark pronunciation benchmark translation english dictionary definition of benchmark. A standard by which something can be measured or judged.

The term benchmark originates from the history of guns and ammunition in regards to the same aim as for the business term. Standard or a set of standards used as a point of reference for evaluating performance or level of quality. A level of quality that can be used as a standard when comparing other things.

A point of reference from which measurements may be made see the full definition. The term benchmark or bench mark originates from the chiseled horizontal marks that surveyors made in stone structures into which an angle iron could be placed to form a bench for a leveling rod thus ensuring that a leveling rod could be accurately repositioned in the same place in the future. The introduction of gunpowder arms replaced the bow and arrow from the archer the soldier who used the bow.

Is a great distorter of seemingly fixed economic ideas and benchmarks. Generally broad market and market segment stock and bond indexes are used for this purpose. Benchmark definition is something that serves as a standard by which others may be measured or judged.

How to use benchmark in a sentence. Benchmarks may be drawn from a firms own experience.

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