Home > Terms > English, UK (UE) > Benchmarking

Benchmarking

The process of comparing a model's predictions to other "verified" codes to determine that model's code is funtioning properly.

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Related terms

benchmark
Internet; Internet communication

To test aspects of computer hardware or software against a known standard. When used as a noun, a benchmark usually is the result of such a test. Benchmarks are only useful if all ...

benchmarking
Retail; Supermarkets

A performance standard against which operating performance is measured, which is used to identify performance improvements and best practices in an industry.

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Banking; Investment banking

Reference parameter (e.g. a share index or an index portfolio) used to compare the performance of a portfolio. A benchmark that is an index is also called a reference index.

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Business services; Human resources

A technique using quantitative or qualitative data to make comparisons between different organizations or different sections of the organizations.

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Natural environment; Coral reefs

A measurement or standard that serves as a point of reference by which process performance is measured.

swamp
Earth science; Soil science

Swamp is an area which is flooded or drenched with water and related to plunge or cause to sink.

semiarid
Earth science; Soil science

Fairly dry because of low rainfall. Semiarid regions, such as a prairie, usually have enough water for grasses and some bushes to grow.

talus
Earth science; Soil science

A sloping pile of small pieces of rock that is at the base of a cliff is called talus.

silt
Earth science; Soil science

Small grains or particles of broken down rock. Silt particles are smaller than grains of sand but larger than the particles in clay.

talc
Earth science; Soil science

A very soft, white or green mineral found in igneous and metamorphic rocks is called talc.

stone
Earth science; Soil science

A general term for rock, especially as used in construction. A hard clump of minerals that forms in a part of body.

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