A division within a corporation, brokerage firm, investment company, bank trust department, insurance company, or other institutional investing organization that analyzes products, markets, or securities.
The Standard Industrial Classification (SIC) System is a federally designed standard numbering system that identifies companies by industry, providing essential information used by market researchers, securities analysts, and others. It is being replaced by the North American Industry Classification System (NAICS).
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.