Benchmark Index
/ˈbɛntʃmɑrk ˈɪndɛks/
Definitions
- (n.) A standard or reference measurement used to compare the performance of investment portfolios or financial instruments legally.
The investment fund's returns were evaluated against the benchmark index to ensure compliance with fiduciary duties.
Forms
- benchmark index
- benchmark indices
- benchmark indexes
Related terms
See also
Commentary
In legal contexts, benchmark indices serve as objective standards for evaluating financial performance and compliance with regulatory duties.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.