Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “NIC”

NIC

noun [C]
 
 
TAX abbreviation for National Insurance Contributions: payments made to the UK government by companies and employees so that employees can receive money when they are unable to work because they are ill, too old to work, etc.: Her NIC record does not give her a full basic state pension.
ECONOMICS abbreviation for newly industrialized country: The NICs, especially Hong Kong and Singapore, are competing to become regional business centres.
(Definition of NIC from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of NIC?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “NIC”

Word of the Day

bright spark

a person who is intelligent, and full of energy and enthusiasm

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More