When purchasing chemicals from Sigma, Fisher, or wherever, there are often -grade's attached to their description like reagent-grade, technical-grade, analytical-grade, or more niche-sounding biotech-grade, HPLC-grade, DNA grade (DNase free perhaps?)
Is there some sort of standard for what these actually mean or are they arbitrary, differing from supplier to supplier or even chemical to chemical? Beyond the 'niche' grades, is there a common order of purity between the others or do they depend on the types of impurities?