Business / Taxes / Sector: A sector is a segment of the economy that shares distinctive characteristics, such as telecommunications or energy. Sectors tend to do better during certain parts of the economic cycle and worse in others. Sectors also respond to a variety of factors, including consumer sentiment. The performance of any single stock in a sector can be measured against the performance of the sector as a whole, showing where that stock ranks in relation to its peers. Sector indexes, some broad and some very narrow, track many of the major sectors of the economy.

Intermarket Sector Spread

Business / Finance / Intermarket Sector Spread: The spread between the interest rate offered in two sectors of the bond market for issues of the same maturity. MORE

Public Sector Net Cash Requirement

Business / Debt / Public Sector Net Cash Requirement: Formerly known as Public Sector Borrowing Requirement (PSBR), PSNCR is the difference between the expenditure of the public sector and its income. Where there is a deficit it is financed by borrowing MORE

Bad Sector

Technology / Computers / Bad Sector: A sector on a disk or disk drive that cannot reliably store data because of a flaw in the media or damaged format markings. MORE