Business Terms and Jargon Explained

What is Benchmark

This is a standard or predetermined level to use as a reference point. Individuals and products can be measured by a benchmark in their specific area. The benchmark is a standard and there can be a number of standards.

E.g. A benchmark for a good building. This can be considering a shed ,a house , a block of flats, a mansion. Each category will have it own benchmark as to quality.

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Consumption Goods Booking Fee Leave to appeal
Visegrad Countries Quoted company Clock sucker
Gross Estate Holding Company Bona vacantia
SMTP Mutual Linking Agreement REDS
Demurrage Business Impact INGO
Cessate Grant Exporter Charging Order
Tribunal Market risk SHA224
Tax Avoidance Trillion Appreciation
Billion Trade discount Fixer
Perquisite (perk) TMI Common Position - EU
Consensus Million e-company
Abatement Information Assets Working Population
IMHO Ogden tables MINT

Term created / updated 2006-07-03 23:35:02

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