Sector

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Sector

Used to characterize a group of securities that are similar with respect to maturity, type, rating, industry, and/or coupon.

Sector

A set of securities or individual companies that are similar to each other. For example, all automotive companies in the United States are said to belong to the American automotive sector. See also: Industry.

sector

A group of securities (such as airline stocks) that share certain common characteristics. Stocks that are particularly interest-sensitive are considered a sector.

Sector.

A sector is a segment of the economy that includes companies providing the same types of products or services.

For example, the utility sector provides electric power, natural gas, water, or a combination of these services. This sector may also include companies who produce power and those that trade it.

Companies within a sector tend to be reasonably consistent in their average earnings per share, price/earnings ratios (P/Es), and other fundamentals. But fundamentals may differ substantially from one sector to another. For example, some sectors are cyclical, rising and falling with changes in the economy while others are defensive, maintaining their strength despite economic ups and downs.

Since there's no official list of sectors, there can be confusion about how many sectors there are, what they're called, and what companies are included in them. For example, transportation is sometimes a standalone sector and sometimes included as part of the industrial sector.

Sector indexes, some of which are broad while others are very narrow, track many of the major sectors of the economy.

sector

a part of the economy that has certain common characteristics that enable it to be separated from other parts of the economy for analytical or policy purposes. A broad division may be made, for example, between economic activities undertaken by the state (the PUBLIC SECTOR) and those that are undertaken by private individuals and businesses (the PRIVATE SECTOR). The private sector, in turn, may be subdivided into the PERSONAL SECTOR (private individuals and households), the CORPORATE SECTOR (businesses supplying goods and services) and the FINANCIAL SECTOR (businesses providing financial services).
References in periodicals archive ?
The separateness of a line of business is also manifested by those lines of business that operate as individual profit centers (i.
This rule mandates that a SLOB have its own employee workforce, which is accomplished only if a minimum of 90 percent of its employees provide substantial services to that particular line of business.
20) An employee is deemed to be providing substantial services to one particular line of business if at least 75 percent of his services are devoted specifically to that line.
93-41(22) denotes the requirements for seeking a determination from the IRS that the separate line of business in fact meets "administrative scrutiny" as a separate line of business under Regs.
An employee may perform substantial services in more than one line of business.
Finally, if a retail operation offers goods that would be in different lines of business, for example clothing and jewelry, but the goods are sold together on the same premises, the operations would be part of one line of business.
414(r)-1(b)(2)(iii) defines a separate line of business to include "corporations, partnerships or divisions.
In sum, management devises its "business unit" or "divisional" profit-and-loss statements with a view to capturing the information deemed necessary to manage the line of business.
Once an employer has separated its business into qualified SLOBs, all employees of the employer must be allocated to one specific line of business for purposes of applying the minimum coverage and nondiscrimination requirements of the Code.
at least 75% of their time) for one particular qualified line of business must be allocated to that line of business.
Enabling line of business users to control content in order to improve content freshness, enable seamless reuse, and simplify management throughout the content lifecycle, from creation to updating, version control and retirement,