A numbered milepost or sign along a highway, or some other road, used to determine the location of a motor vehicle.
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.
An important event in a person's life or career, in the history of a nation, in the life of some project, etc.
To plan out a project as a series of major steps.
To place milestones along (a road, etc.).