benchmark

American  

[bench-mahrk] / ˈbɛntʃˌmɑrk /

Or bench mark

noun

1. a standard of excellence, achievement, etc., against which similar things must be measured or judged.

   The new hotel is a benchmark in opulence and comfort.

2. any standard or reference by which others can be measured or judged.

   The current price for crude oil may become the benchmark.

3. Computers. an established point of reference against which computers or programs can be measured in tests comparing their performance, reliability, etc.

4. Surveying. Usually bench mark a marked point of known or assumed elevation from which other elevations may be established. BM

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adjective

1. of, relating to, or resulting in a benchmark.

   benchmark test, benchmark study.

verb (used with object)

1. to test (something) in order to develop a standard.

   IT benchmarked the new software.

2. to measure (something) against a standard.

   executive salaries benchmarked against the industry.

benchmark British  

/ ˈbɛntʃˌmɑːk /

noun

1.  BM.  a mark on a stone post or other permanent feature, at a point whose exact elevation and position is known: used as a reference point in surveying

2. 1. a criterion by which to measure something; standard; reference point

   2. ( as modifier )

      a benchmark test

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verb

1. to measure or test against a benchmark

   the firm benchmarked its pay against that in industry

Etymology

Origin of benchmark

First recorded in 1835–45; bench + mark ¹

Explanation

A benchmark is a standard that other similar items can be compared to — that way everything is measured against a common standard. Benchmark originally referred to a mark made on a wall or building by a surveyor for use as a reference point. The word still retains that meaning, but nowadays you’re more likely to hear it used in a figurative sense to describe a standard used to measure the worth of something. A particular item is selected as a benchmark, and other similar items are compared to the benchmark. A popular sitcom may be the benchmark other shows are judged against.

Example Sentences

Policymakers raised the benchmark rate by 25 basis points to 5.50% and announced measures to help steady the rupiah, including incentives to encourage foreign investment.

From The Wall Street Journal • Jun. 9, 2026

Economists widely anticipate no change to the Bank of Canada’s benchmark rate given weakness in the economy to start the year and the risk of higher inflation due to energy prices.

From The Wall Street Journal • Jun. 9, 2026

The odds are overwhelmingly in favor of policymakers keeping the benchmark interest rate at the target range of 3.50% to 3.75% at the conclusion of the June 16-17 policy meeting.

From Barron's • Jun. 8, 2026

The benchmark S&P 500 has gained 7.9% over the same period.

From Barron's • Jun. 8, 2026

Epic in scope, violence, and imagination, Deathstorm is a new benchmark in the fantasy genre and cements forever G. M. Pennington’s status as the American Tolkien.

From "The Serpent King" by Jeff Zentner

Related Words

• criterion
• gauge
• standard
• yardstick