1. In Shipping. it is an organization devoted to surveying new and old ships for awarding appropriate rating. Ships have their seaworthiness evaluated according to published rules and standards. Lloyd’s Register, established since 1760 in London, was the world’s first shipping classification society . Other major seafaring nations , such as the American Bureau Of Shipping (USA), Bureau Veritas (France), Det Norsk Veritas (Norway), and Nippon Kaiji Kyokai (Japan), now have their own societies. 2. In Statistics, it is an organization seeking to develop better mathematical tools for data mining and other similar uses, devoted to the research of classifying and clustering data, .
Black’s Law Online Dictionary
