Social Security's full-benefit retirement age is increasing gradually because of legislation passed by Congress in 1983. Traditionally, the full benefit age was 65, and early retirement benefits were first available at age 62, with a permanent reduction to 80 percent of the full benefit amount.
(Äâ²mÄ­k). adj. Of or relating to phenomena considered as meaningful structural units within a system such as a language or culture. [From (phon)emic .]. eâ²miÂ·calÂ·ly adv. (Ëi mÉªk). adj.
Definition. BIC. Series of codes developed by the International Organization for Standardization (ISO) to identify banks and their branches. These codes are generally only used by financial institutions, to conduct business between banks, such as wire transfers.IC. Series of codes developed by the International Organization for Standardization (ISO) to identify banks and their branches.