Global Boundary Stratotype Section and Point
A Global Boundary Stratotype Section and Point (GSSP), sometimes referred to as a golden spike, is an internationally agreed upon reference point on a stratigraphic section which defines the lower boundary of a stage on the geologic time scale. The effort to define GSSPs is conducted by the International Commission on Stratigraphy, a part of the International Union of Geological Sciences.
Source: Wikipedia — Global Boundary Stratotype Section and Point (CC BY-SA 4.0)