In light of the immense compositional diversity of high-entropy materials (HEMs) recently reported (e.g., high-entropy chalcogenides, perovskites, ceramics, etc.) and the relatively amorphous definition of High-Entropy, it is imperative that consistent material classification and benchmarking practices be employed to facilitate comparison between reported figures of merit. In this opinion, an updated form of the numerical high-entropy definition is reviewed, which renders a universal entropy metric applicable to high-entropy alloys and emerging HEMs alike. Analytical methods to verify the existence of a solid-solution microstructure, elucidate atomic valence states, and probe atomic disorder are discussed with literature examples to facilitate the physical classification of HEMs. Electrocatalytic benchmarking is discussed in the context of water-splitting reactions and best practices are reviewed for determining the electrocatalytically active surface area, reaction overpotential, and electrocatalyst stability.