Benchmark Position definition

Benchmark Position a position jointly selected by the Company and the Union to serve as a standard to which other positions will be compared.
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Benchmark Position means the Position within a Commodity Group into which all other Positions within the same Commodity Group can be converted using price volatility and correlation based conversion factors. Such conversion factors shall be established and authorized by the Enron Corp. Chief Risk Officer, in conjunction with the President of Enron Corp.
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Benchmark Position means a description of duties or a job approved as representative of a kind and level of work;
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Examples of Benchmark Position in a sentence

  • Benchmark Position Retroactive Percentage Building Maintenance Worker II 13% Electrician 8% Equipment Mechanic II 12% Public Works Maintenance Worker II 14% Wastewater Treatment Plant Lead Operator 18% This retroactive amount would have an effective date of June 20, 2005 and would go through May 21, 2006.


More Definitions of Benchmark Position

Benchmark Position means a position included in the cross section of comparable benchmark positions in private and public employment included in a market survey conducted in accordance with Subsection 67-19-12(4).
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Benchmark Position means the Position within a Commodity Group into which all other Positions within the same Commodity Group can be converted using price volatility and correlation based conversion factors. Such conversion factors shall be established and authorized by the MEH Chief Risk Officer, in conjunction with the General Manager of MEH.
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Related to Benchmark Position

  • Benchmark Price shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;

  • Matched Positions means Long and Short Positions of the same Transaction Size opened on the Trading Account for the same Instrument.

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.

  • Long Position means a buy position that appreciates in value if market prices increase. In respect of Currency Pairs: buying the Base Currency against the Quote Currency.