Benchmark refers to a standard or point of reference against which things may be compared or assessed.
In computing, a benchmark is the act of running a computer program to assess the relative performance of an object.
In finance, benchmark refers to an index against which the performance of a security or investment manager can be measured.
Other meanings include:
1. A surveyor's mark on a permanent object
2. A standard by which something can be measured or judged
3. In business, comparing one's processes to industry bests