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English definition of “benchmark”

benchmark

verb [T]     /ˈbentʃ.mɑːk/ US  /-mɑːrk/
to measure the quality of something by comparing it with something else of an accepted standard: His reports said that all schools should be benchmarked against the best.Comparing and contrastingSamples and examples benchmarking     /ˈbentʃˌmɑː.kɪŋ/ US  /-ˌmɑːr-/ noun [U] rigorous benchmarking of research performance The government is planning to launch a benchmarking scheme to guide consumers.Comparing and contrastingSamples and examples
(Definition of benchmark verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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