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What does BRICS mean?

Looking for the meaning or definition of the word BRICS? Here's what it means.

Proper noun
  1. (politics) Brazil, Russia, India, China and South Africa
  2. (economics) The fast-growing economies of some of the above countries
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Examples
The BRICS Bank looks, for all its founding rhetoric, like a platform for Chinese hegemony instead.
This set of rankings adopts 8 indicators to select the top 100 higher learning institutions in BRICS countries.
The brics clearly rejected sanctions as a response to instability in the Ukraine.
The brics may have been the foundation for much of the global growth over the past few years.
Besides, in recent weeks, India has been party to the setting up of a brics Bank, with Brazil, Russia, China, and South Africa.
The West sometimes risks, by its actions, pushing the brics closer together, but there are underlying divides there.

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