benchmark
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British pronunciation
/ˈbɛnt‌ʃmɑːk/

Definition & Meaning of "benchmark"

Benchmark
01

a standard or point of reference used to measure or compare something, often to assess quality or performance

example
Example
click on words
The company ’s customer service became the benchmark for others in the industry.
The team 's performance was assessed against industry benchmarks.
02

a surveyor's mark on a permanent object of predetermined position and elevation used as a reference point

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