benchmark
bench mork
- n a standard by which something can be measured or judged
his painting sets the benchmark of quality - n a surveyor's mark on a permanent object of predetermined position and elevation used as a reference point
- Economists generally expect orderly rate increases that by the end of 2005 will have pushed the benchmark short-term Fed funds rate to about 3% from today's 1%.
- They just released the results of such a benchmark revision today, in fact.
- Hong Kong's benchmark Hang Seng index gained 3.