Meaning & Definition of word "Sector"

Sector

/ˈsɛktər/

1. a distinct part or branch of a nation's economy or of a particular activity.
- Example: The tech sector has seen significant growth over the past decade.
2. an area or portion of a larger area, often used in reference to urban planning or management.
- Example: The city council is focusing on revitalizing the commercial sector downtown.
3. a segment of a circle or other geometric figure, bounded by two radii and the arc between them.
- Example: In geometry class, we learned how to calculate the area of a sector.
4. a subdivision of a business or organization, often identified by its specific role or function.
- Example: The marketing sector is responsible for advertising and promotions.
5. a distinct physical or digital area, often used in computing or telecommunications.
- Example: The IT sector is responsible for managing the company's digital infrastructure.

Latin 'sectorem', meaning 'a cutter', from 'secare', meaning 'to cut'.

public sector:

The part of the economy that is controlled by the government.

private sector:

The part of the economy that is run by private individuals or organizations.

sector of the economy:

A way of categorizing the economy into areas such as agriculture, manufacturing, or services.

division:

The action of dividing something into parts.

industry:

Economic activity concerned with the processing of raw materials and manufacturing.

field:

An area of study or activity.

Meaning: Used in business contexts to refer to a specific industry.

Example Sentence: He's in the fintech sector, always keeping up with the latest trends.

Meaning: Describes a distinct group of people or things in casual conversation.

Example Sentence: That group is like their own sector of the school.