BIC

BIC: Bank Identifier Code
The Bank Identifier Code (BIC), also known as SWIFT code, uniquely identifies banks globally for international transactions.
Information Criterion: Likelihood Function Based Statistic for Model Selection
Information Criterion: A likelihood function based statistic used as a model selection criterion. Important examples include Akaike Information Criterion (AIC) and Bayes-Schwarz Information Criterion (BIC).

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