A guiding philosophy is an ethical system that provides guidance and direction for decision-making. The term ETHIC is a five-letter word that can be used to describe such a system. It is derived from the Greek word ethos, which means 'CHARACTER' or 'CUSTOM'. ETHIC is often used to refer to moral principles or values that guide an individual's behavior. It is also used to refer to the set of beliefs and values that a group or society holds. ETHIC is an important concept in many fields, including business, law, and politics.