benchmark

benchmark definition - finance
A tool for evaluating the performance of a company, department, or individual by comparing its performance to a set of standards. Benchmarks may be cited in terms of numbers, such as sales figures. They also may have to do with meeting specific goals.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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