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Noun: benchmark  bench maa(r)k
  1. A standard by which something can be measured or judged
    "his painting sets the benchmark of quality"
     
  2. A surveyor's mark on a permanent object of predetermined position and elevation used as a reference point
    "The surveyors used the benchmark on the old church to establish elevation for the new construction";
    - bench mark
Verb: benchmark  bench maa(r)k
  1. Evaluate relative to some benchmark standard or scale
    "We need to benchmark our performance against industry leaders"

Derived forms: benchmarking, bench marks, benchmarks, benchmarked

Type of: criterion, measure, point of reference, reference, reference point, standard, touchstone

Encyclopedia: Benchmark