- sector
- Used to characterize a group of securities that are similar with respect to maturity, type, rating, industry, and/or coupon. Bloomberg Financial Dictionary
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sector sec‧tor [ˈsektə ǁ -ər] noun[countable] ECONOMICS all the organizations or companies in a particular area of activity, industry etc:• The electronics sector accounted for revenue of £940.4 million.
• The performance of the troubled housing sector is being watched very closely.
• the growth of jobs in the service sector
— sectoral adjective :• A major commitment is required on the part of agricultural and forestry concerns to bridge sectoral barriers.
ˈcorporate ˌsector [singular] ECONOMICSthe part of the economy made up by companies:• The government is trying to protect the corporate sector by keeping interest rates low.
ˈmarket ˌsector [countable] ECONOMICSa particular part of a market, for example a particular type of activity, product, or customer:• One market sector, banking, remains below its best level of the past year.
the industries and services that are not owned by the government:• The project was entirely financed by the private sector.
• private sector jobs
• private sector investment
the companies, organizations, and activities in an economy that are owned by the government:• The public sector still accounted for 40 percent of gross national product ( GNP), and employed 44 percent of the nation's workforce.
• More than 200,000 public-sector workers began a two-day strike over the government's proposed wage freeze.
the companies, organizations, and activities in an economy that provide services such as banking, transport, tourism etc, rather than manufacturing goods* * *
sector UK US /ˈsektər/ noun [C] ECONOMICS► one of the areas of activity that a country's economy is divided into: »the agricultural/industrial/manufacturing sector
»the banking/business/financial sector
»the IT/technology/telecommunications sector
in a sector »New jobs were being created in the aerospace sector.
→ See also COMMERCIAL SECTOR(Cf. ↑commercial sector), CORPORATE SECTOR(Cf. ↑corporate sector), PRIMARY SECTOR(Cf. ↑primary sector), PRIVATE-SECTOR(Cf. ↑private-sector), THE PRIVATE SECTOR(Cf. ↑the private sector), PUBLIC-SECTOR(Cf. ↑public-sector), THE PUBLIC SECTOR(Cf. ↑the public sector), THE RETAIL SECTOR(Cf. ↑the retail sector), SECONDARY SECTOR(Cf. ↑secondary sector), SERVICE SECTOR(Cf. ↑service sector), TERTIARY SECTOR(Cf. ↑tertiary sector), THIRD SECTOR(Cf. ↑third sector)
Financial and business terms. 2012.