Benchmark

Benchmark
The performance of a predetermined set of securities, for comparison purposes. Such sets may be based on published indexes or may be customized to suit an investment strategy. The New York Times Financial Glossary

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I. benchmark bench‧mark 1 [ˈbentʆmɑːk ǁ -mɑːrk] noun [countable]
1. something that can be used as a comparison by which to judge or measure other things:

• The newest Treasury bond is the benchmark bond, the one that trades most heavily.

2. COMMERCE a good performance that one company has achieved, that can be used as a standard to judge other companies of the same type:

• Companies need to know how much return they can expect from their IT investments: they need benchmarks to see how their systems are performing.

  [m0] II. benchmark benchmark 2 verb [transitive] COMMERCE
to use a company's good performance as a standard by which to judge the performance of other companies of the same type:
benchmark somebody/​something against something

• British Steel have benchmarked themselves against the best operations anywhere in the world.

— benchmarking noun [uncountable] :

• Mr O'Neill, a newcomer to the industry, heeds theories of cost control and benchmarking against other industries.

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   A standard used for comparison. A benchmark security is usually the most recently issued security in good size. It sets the standard for the rest of the market. A benchmark issue is highly liquid.

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Ⅰ.
benchmark UK US /ˈbenʃmɑːk/ noun [C]
a level of quality that can be used as a standard against which to compare other things: »

Apple's iconic iPhone became the benchmark in the market.

»

The new report provides a benchmark for food companies around the world.

»

The catalog industry can discover new opportunities by comparing its own business trends to industry benchmarks.

»

They set the benchmark for ethical beauty packaging.

»

The company sets the benchmark against which other businesses make health care decisions.

FINANCE a share price, interest rate, etc. that other share prices, interest rates, etc. can be compared against: the benchmark for sth »

This year the benchmark for iron ore is $60 a tonne.

»

The Merval stock index, the benchmark measure of Argentina's stock market, rose 8.2% yesterday.

»

The benchmark price of oil dropped from $59 to $53 per barrel.

IT a computer program that measures the quality and speed of computer software or hardware (= equipment or electronic parts): benchmark program/software/test »

The benchmark tests show that the new machines are only slightly faster.

Ⅱ.
benchmark UK US /ˈbenʃmɑːk/ verb
[T] to measure the quality of something by comparing it with something else of an accepted standard: »

Being able to benchmark performance is very important for new companies.

»

The European Parliament has launched a programme to benchmark employment laws across the EU.

[I or T] to use something as a standard in order to improve your own work, products, or processes: benchmark (sb/sth) against sth »

The company continues to benchmark against the competition.

»

The results allow the company to benchmark itself against other organizations and identify areas for improvement.

[T] IT to test the quality and speed of computer software or hardware (= equipment or electronic parts): »

Benchmark the speed of your computer.


Financial and business terms. 2012.

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Look at other dictionaries:

  • Benchmark — Saltar a navegación, búsqueda El benchmark es una técnica utilizada para medir el rendimiento de un sistema o componente del mismo, frecuentemente en comparación con el cual se refiere específicamente a la acción de ejecutar un benchmark. La… …   Wikipedia Español

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  • benchmark — This is a busy word with an interesting history and some recent developments. In its original physical meaning it referred to a wedge shaped incision made by surveyors in a vertical surface so that a bracket could be inserted to form a bench or… …   Modern English usage

  • benchmark — enchmark, bench mark ench mark (Surveying) 1. Any permanent mark to which other levels may be referred. such as: (a) A horizontal mark at the water s edge with reference to which the height of tides and floods may be measured. (b) a surveyer s… …   The Collaborative International Dictionary of English

  • benchmark — ● benchmark nom masculin (de l anglais benchmark, référence) Valeur de référence, généralement un emprunt d État, choisie pour estimer le prix d autres valeurs qui présentent des caractéristiques communes …   Encyclopédie Universelle

  • benchmark — (izg. bȅnčmark) m DEFINICIJA inform. sustav mjerenja ili standard SINTAGMA benchmark program program koji mjeri brzinu i djelotvornost računalnih operacija; mjerni program ETIMOLOGIJA engl …   Hrvatski jezični portal

  • benchmark — (n.) also bench mark, surveyor s point of reference, 1838, from a specialized surveyors use of BENCH (Cf. bench) + MARK (Cf. mark) (1); figurative sense is from 1884 …   Etymology dictionary

  • benchmark — /ˈbɛntʃmark, ingl. ˈbɛntʃˌmɑːk/ [nell uso fig. di «segno (mark) sul banco di lavoro (bench)»] s. m. inv. parametro di riferimento …   Sinonimi e Contrari. Terza edizione

  • benchmark — [n] reference point criterion, gauge, measure, standard, touchstone, yardstick; concept 688 …   New thesaurus

  • benchmark — ► NOUN 1) a standard or point of reference. 2) a surveyor s mark cut in a wall and used as a reference point in measuring altitudes …   English terms dictionary

  • benchmark — (1) A standard of comparison used for judging performance. For example, the return from a bond portfolio may be compared to the return from a benchmark instrument or portfolio. In this context, a nearly risk free benchmark or one that closely… …   Financial and business terms

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