Standard Industrial Classification
Key Facts
Abbreviation
SIC
Pronunciation
/ˈstændərd ˌɪnˈdəstriəl ˌklæsəfəˈkeɪʃən/
Category
Business
Related Field
General
Examples in Context
- Companies were all assigned a numerical Standard Industrial Classification(SIC) ( SIC ) code ( now North American industry classification system, or NAICS ) identifying which industry sector they fit in to.
- The general standard for the industrial classification includes management type and investment type. The current various standards for the industrial classification in A share market have both advantages and disadvantages, among which the standard by CITIC relatively took into account both the industrial attributes and market attributes.