benchmark Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “benchmark” in the English Dictionary

"benchmark" in British English

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benchmarknoun [C]

uk   /ˈbentʃ.mɑːk/  us   /-mɑːrk/

benchmarkverb [T]

uk   /ˈbentʃ.mɑːk/  us   /-mɑːrk/
benchmarking
noun [U] uk   /ˈbentʃˌmɑː.kɪŋ/  us   /-ˌmɑːr-/
rigorous benchmarking of ​researchperformance a benchmarking ​system to ​helpconsumers
(Definition of benchmark from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"benchmark" in American English

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benchmarknoun [C]

 us   /ˈbentʃˌmɑrk/
a ​standard for ​measuring or ​judging other things of the same ​type: Her performances set a new benchmark for ​classicalpianists.
(Definition of benchmark from the Cambridge Academic Content Dictionary © Cambridge University Press)

"benchmark" in Business English

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benchmarknoun [C]

uk   us   /ˈbenʃmɑːk/
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 forfoodcompanies around the ​world. The ​catalogindustry can discover new ​opportunities by comparing its own ​businesstrends to industry benchmarks. They set the benchmark forethical beauty ​packaging. The ​company sets the benchmark against which other ​businesses make ​healthcare decisions.
FINANCE a ​shareprice, ​interestrate, etc. that other ​shareprices, ​interestrates, etc. can be compared against: the benchmark for sth This ​year the benchmark for ​iron ore is $60 a ​tonne. The Merval ​stockindex, the benchmark ​measure of Argentina's ​stockmarket, ​rose 8.2% yesterday. The benchmark ​price of ​oildropped from $59 to $53 ​perbarrel.
IT a ​computerprogram that ​measures the ​quality and ​speed of ​computersoftware or hardware (= ​equipment or ​electronicparts): benchmark program/software/test The benchmark ​tests show that the new ​machines are only slightly faster.

benchmarkverb

uk   us   /ˈbenʃmɑːk/
[T] to ​measure the ​quality of something by comparing it with something else of an ​acceptedstandard: Being able to benchmark ​performance is very important for new ​companies. The ​European Parliament has ​launched a ​programme to benchmark ​employmentlaws 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 ​resultsallow the ​company to benchmark itself against other ​organizations and ​identifyareas for ​improvement.
[T] IT to ​test the ​quality and ​speed of ​computersoftware or hardware (= ​equipment or ​electronicparts): Benchmark the ​speed of your ​computer.
(Definition of benchmark from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “benchmark”
in Chinese (Simplified) 基准(点)…
in Turkish kalite seviyesi…
in Russian эталон…
in Chinese (Traditional) 基準(點)…
in Polish standard…
What is the pronunciation of benchmark?
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“benchmark” in British English

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