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International Organization for Standardization
noun
ISO. 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
Example Sentences
In the regulations’ latest iteration, the agency declared that it will only consider recycling technologies that follow standards issued by the International Organization for Standardization, or ISO, the Geneva-based group that sets standards for a variety of industries, including healthcare and transportation.
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.
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