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High Watermark

   Also found in: Legal, Wikipedia 0.01 sec.
High Watermark
The highest value of a benchmark over a certain period of time. High watermarks are mainly used to calculate bonuses for fund managers. That is, a manager may receive a bonus only if his investment decisions earn more than a certain percentage over the high watermark for a previous period.


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In a year that started off only weeks after the collapse of Lehman Brothers, the high watermark of the global financial crisis, we have continued to support our customers, delivered a good result for shareholders, and made meaningful progress in delivering on our strategy to deliver a super regional bank," said CEO Mike Smith.
DrugScope's Martin Barnes added: "Suggestions we may have reached the high watermark of heroin and crack problems in this country may be premature.
A high watermark for TV drama, it's often mentioned in the same breath as Brideshead Revisited, and for good reason too.
 
 
 
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