| 单词 | BENCHMARK |
| 释义 | (1) A marketleading COMMON STOCK, BOND, or sector index that acts as a proxy for broader sentiment and movement in the market. Tradable benchmarks, which generally feature significant LIQUIDITY and narrow BIDOFFER spreads, are often used as an indexing, pricing, or hedging reference for other securities or DERIVATIVES. (2) An index that is used to gauge the relative performance of other ASSETS, securities, or PORTFOLIOS. (1) Also known as BELLWETHER. |
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法律词典收录了41026条英汉双解法律词条，基本涵盖了常用法律英语单词及短语词组的翻译及用法，是法律学习的有利工具。