Benchmark
From ACT Wiki
1.
A standard of performance set by the market (such as stock market index) or by an institutional investor (such as an internally developed benchmark) against which the performances of a fund or portfolio can be managed and tracked.
2.
Similar standardised measures of the performance of other organisations, departments or investments.
3.
An officially published rate of interest, from which a rate of interest payable or receivable is calculated.
