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International Organization for Standardization
noun
- an association composed of representatives of several national standards bureaus, founded in London in 1947 and based in Geneva, Switzerland, that establishes and maintains international standards for units of measurements, clothes sizes, technical terminology, etc ISO
Example Sentences
The companies announced Sept. 10 that they would implement the merchant category code days after the Swiss-based International Organization for Standardization voted to create the classification.
Activists and Amalgamated Bank had lobbied the Geneva-based International Organization for Standardization for the code and the credit card companies said they had no choice but to adopt the standard when it was approved in September.
Amalgamated successfully petitioned the International Organization for Standardization to create a new merchant category code for gun stores.
The codes are four-digit numbers assigned by financial institutions using a system maintained by the International Organization for Standardization and updated every five years.
Last fall, after years of pressure from Democrats and gun control advocates, the International Organization for Standardization created a merchant code specifically for gun retailers.
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