noun

1. A stone milepost (or by extension in other materials), one of a series of numbered markers placed along a road at regular intervals, typically at the side of the road or in a median.

2. An important event in a person's life or career, in the history of a nation, in the life of some project, etc.

Synonyms: landmark

verb

1. To place milestones along (a road, etc.).

2. To plan out a project as a series of major steps.