SIC Code
The Standard Industrial Classification (SIC) code is a numbering system established by the Office of Management and budget that identifies companies by industry. It is used to promote the comparability of economic statistics from various facets of the U.S. economy. |
Similar financial terms
SICAbbreviation for Standard Industrial Classification (SIC). Each 4-digit code represents a unique business activity.
Options on physicals
Interest rate options written on fixed-income securities, as opposed to those written on interest rate futures contracts.
Basic balance
In a balance of payments, the basic balance is the net balance of the combination of the current account and the capital account.
Basic business strategies
Key strategies a firm intends to pursue in carrying out its business plan.
Basic IRR rule
Accept the project if IRR is greater than the discount rate; reject the project is lower than the discount rate.
Classical Economics
The dominant theory of economics from the 18th century to the 20th century, when it evolved into neo-classical economics. Classical economists, who included Adam Smith, David Ricardo and John Stuart Mill, believed that the pursuit of individual self-interest produced the greatest possible economic benefits for society as a whole through the power of the "Invisible hand". They also believed that an economy is always in equilibrium or moving towards it. Equilibrium was ensured in the labor mar ...
Extrinsic Value
The time value component of an option premium.
Code of ethics
A written guide to acceptable and ethical behavior (as defined by an organization) that outlines uniform policies, standards, and punishments for violations.
American Standard Code for Information Interchange
American Standard Code for Information Interchange (ASCII) is the most common format for text files in computers and on the internet.
