Origin: Germanic Old English prefix
Definition, synonyms and related words
plural of benchmark
"The company set new benchmarks for industry efficiency by reducing its energy consumption by twenty percent."
Third-person singular simple present indicative form of benchmark
"The system benchmarks its performance against industry standards every quarter."
In plain English: To benchmark means to measure how well something performs by comparing it against known standards or other similar things.
"The company benchmarks its new product against leading competitors to ensure quality."