sector

sector definition - business

sector

  1. A group of securities (such as airline stocks) that share certain common characteristics. Stocks that are particularly interest sensitive are considered a sector.
  2. An industry or field of economic activity: The housing sector can be expected to encounter substantial difficulty if long-term interest rates experience a major increase.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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