BENCHMARK Meaning and
Definition
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A benchmark refers to a standard or reference point that serves as a yardstick for comparing or measuring the performance, quality, or value of something. It is commonly used in various fields to establish a baseline against which other similar entities are evaluated or judged.
In finance and investing, a benchmark is a specific market index or portfolio against which the performance of investments or funds can be assessed. For example, the S&P 500 index serves as a benchmark for many mutual funds and investment portfolios, allowing investors to gauge the success or failure of those investments compared to the performance of the broader market.
In computer science and technology, a benchmark is a standardized set of tests or measurements used to assess the performance and efficiency of computer systems, software, or hardware components. These benchmarks are used to compare the speed, reliability, or capabilities of different systems or components.
In general, benchmarking involves the process of studying, analyzing, and comparing the practices, procedures, or performances of organizations, processes, or individuals with best-in-class entities to identify areas for improvement or to set performance goals. The benchmark serves as a point of reference or target to achieve or surpass.
Furthermore, benchmark can also refer to a distinctive point or milestone in time that represents a significant achievement or advancement. In this context, it is often used to indicate a notable accomplishment or outstanding performance that sets a new standard or precedent for others to follow.
Top Common Misspellings for BENCHMARK *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for BENCHMARK
Etymology of BENCHMARK
The word "benchmark" originated from the Old English words "benc" (meaning "bench") and "mearc" (meaning "boundary" or "mark"). In medieval times, surveyors would use a "bench mark" to determine the height of a particular point on the surface of the Earth by using a stable reference point, such as a stone marker or a chiseled mark on a bench. Over time, the term "bench mark" evolved into the single word "benchmark" and expanded to refer to a standard or point of reference against which things can be measured or compared.
Similar spelling words for BENCHMARK
Conjugate verb Benchmark
CONDITIONAL
I
would benchmark
you
would benchmark
he/she/it
would benchmark
we
would benchmark
they
would benchmark
CONDITIONAL CONTINUOUS
I
would be benchmarking
you
would be benchmarking
he/she/it
would be benchmarking
we
would be benchmarking
they
would be benchmarking
CONDITIONAL PERFECT
I
would have benchmark
you
would have benchmark
he/she/it
would have benchmark
we
would have benchmark
they
would have benchmark
CONDITIONAL PERFECT CONTINUOUS
I
would have been benchmarking
you
would have been benchmarking
he/she/it
would have been benchmarking
we
would have been benchmarking
they
would have been benchmarking
FUTURE
I
will benchmark
you
will benchmark
he/she/it
will benchmark
we
will benchmark
they
will benchmark
FUTURE CONTINUOUS
I
will be benchmarking
you
will be benchmarking
he/she/it
will be benchmarking
we
will be benchmarking
they
will be benchmarking
FUTURE PERFECT
I
will have benchmarked
you
will have benchmarked
he/she/it
will have benchmarked
we
will have benchmarked
they
will have benchmarked
FUTURE PERFECT CONTINUOUS
I
will have been benchmarking
you
will have been benchmarking
he/she/it
will have been benchmarking
we
will have been benchmarking
they
will have been benchmarking
IMPERATIVE
you
benchmark
we
let´s benchmark
to benchmark
PAST
I
benchmarked
you
benchmarked
he/she/it
benchmarked
we
benchmarked
they
benchmarked
PAST CONTINUOUS
I
was benchmarking
you
were benchmarking
he/she/it
was benchmarking
we
were benchmarking
they
were benchmarking
PAST PARTICIPLE
benchmarked
PAST PERFECT
I
had benchmarked
you
had benchmarked
he/she/it
had benchmarked
we
had benchmarked
they
had benchmarked
PAST PERFECT CONTINUOUS
I
had been benchmarking
you
had been benchmarking
he/she/it
had been benchmarking
we
had been benchmarking
they
had been benchmarking
PRESENT
I
benchmark
you
benchmark
he/she/it
benchmarks
we
benchmark
they
benchmark
PRESENT CONTINUOUS
I
am benchmarking
you
are benchmarking
he/she/it
is benchmarking
we
are benchmarking
they
are benchmarking
PRESENT PARTICIPLE
benchmarking
PRESENT PERFECT
I
have benchmarked
you
have benchmarked
he/she/it
has benchmarked
we
have benchmarked
they
have benchmarked
PRESENT PERFECT CONTINUOUS
I
have been benchmarking
you
have been benchmarking
he/she/it
has been benchmarking
we
have been benchmarking
they
have been benchmarking
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