Classification of business established by type of activity for the purpose of facilitating the collection, tabulation, presentation, and analysis of data collected by various agencies of the United States government, state agencies, trade associations, and private research organizations for promoting uniformity and comparability in the presentation of statistical data relating to those establishments and their fields of endeavor.
SIC was first introduced into the United Kingdom in 1948 for use in classifying business establishments and other statistical units by the type of economic activity in which they are engaged. The classification provides a framework for the collection, tabulation, presentation and analysis of data and its use promotes uniformity.
Standard Industrial Classification. industry class that represents a level of organization of production by type of specialization. Currently the 1980 Standard Industrial Classification is in effect identifying each industry at the 4 digit level.
Standard Industrial Classification. The Standard Industrial Classification system is a hierarchical classification system that defines all establishments to a specific industry based on their primary output or product. The SIC is being replaced by the North American Industrial Classification System (NAICS).
Standard Industrial Classification. An extensive hierarchical structure of codes defined by the U.S. Department of Commerce to categorize companies based on their industries. Contributed by: MarcommWise Staff
STANDARD INDUSTRIAL CLASSIFICATION. A code representing a category within the Standard Industrial Classification System administered by the Statistical Policy Division of the U.S. Office of Management and Budget. The system was established to classify all industries in the U.S. economy. A two-digit code designates each major industry group, which is coupled with a second two-digit code representing subcategories.
Standard Industrial Classification. The SIC system promulgated by the United States Office of Management and Budget divides economic activity into "industries" which are classified at increasing levels of detail. Two digit classes are the most generalized.
Standard Industrial Classification. A system of classifying an establishment based on the type of activity performed at the establishment, for purposes of facilitating the collection, tabulation, presentation, and analysis of data relating to establishments, and for promoting uniformity and comparability in the presentation of statistical data. This system utilizes a four-digit code number for individual industries. Each digit represents a different level of aggregation of the industries.
Short for Standard Industrial Classification Code. A numerical ID categorizing businesses by their products or services. Very similar to yellow page headings. SIC codes can be used to identify potential bulk drops.
Standard Industrial Classification. U.S. government code that categorizes commercial enterprises. [The first two digits place an organization in one of the 13 major groupings; two additional digits show the primary line of business and size.
Code Standard Industrial Classification is the statistical classification standard underlying all establishment-based Federal economic statistics classified by industry. The manual is available from the National Technical Information Service, 5285 Port Royal, Springfield, VA 22161. (Order number PB87-100012)
The old U.S. system of Standard Industrial Codes, in use until 2001. Similar to NAICS, but with different numerical classifications and categories for industry types. Comparing longitudinal (time-series) data that mixes data from before and after 2001 requires the use of “crosswalks” to translate SIC codes into their NAICS equivalents.
Standard Industrial Classification. a series of number codes that attempts to classify all business establishments by the types of products or services they make available. Establishments engaged in the same activity, whatever their size or type of ownership, are assigned the same SIC code. These definitions are important for standardization. Insurance companies use SIC codes to determine specific rates for various industries.
Standard Industrial Classification. A numerical system developed by the U.S. Government for the classification of commercial services and industrial products. Also classifies establishments by type of activity.
Standard Industrial Classification. SIC codes are published by the Office for National Statistics and are used to classify business establishments and other statistical units by the type of economic activity in which they are engaged.
Standard Industrial Classification. A numerical code scheme previously used for classifying industries and products. In January 1997 the SIC was replaced by the North American Industry Classification System (NAICS).
Standard Industrial Classification. Industry classification system that was used in Economic Censuses prior to 1997. This system identifies establishments by the principal activity in which they are engaged. SIC has been replaced by North American Industry Classification System (NAICS) in the 1997 Economic Census. Related terms: Economic census, North American Industry Classification System (NAICS)
Sic is a Latin word meaning "thus", "so", or "just as that". In writing, it is placed within square brackets and usually italicized — [sic] — to indicate that an incorrect or unusual spelling, phrase, punctuation, and/or other preceding quoted material is a reproduction of the quoted original and is not a transcription error.
Self Intermittent Catheterisation. This is where the patient uses the straight catheter to empty their bladder either because they are having retention problems or are not completely emptying their bladder voluntarily This can be done several times a day as required.