Benchmark ( noun , verb )

(As a noun)

Benchmark ( noun )

1. A standard or point of reference against which things may be compared or assessed.
2. A point of reference or a standard that is used to measure or evaluate the performance of a particular process or activity.

Origin:

The word benchmark is first recorded in the early 17th century, from the phrase "bench mark" which referred to a mark or line cut into a bench or wall as a reference point for surveying.

Examples:

1. The company's new product is a benchmark in the industry for its high quality and performance.
2. The students were asked to use the previous year's exam papers as a benchmark for their own work.
3. The stock market is often used as a benchmark for the overall health of the economy.
4. The new model is a benchmark for fuel efficiency in its class.
5. The report serves as a benchmark for evaluating the progress made in reducing poverty.

(As a verb)

Benchmark ( verb )

1. A standard or point of reference against which things may be compared or assessed.
2. A point of reference or a standard that is used to measure or evaluate the performance of a particular process or activity.

Origin:

The word benchmark is first recorded in the early 17th century, from the phrase "bench mark" which referred to a mark or line cut into a bench or wall as a reference point for surveying.

Examples:

1. The company's new product is a benchmark in the industry for its high quality and performance.
2. The students were asked to use the previous year's exam papers as a benchmark for their own work.
3. The stock market is often used as a benchmark for the overall health of the economy.
4. The new model is a benchmark for fuel efficiency in its class.
5. The report serves as a benchmark for evaluating the progress made in reducing poverty.