Source : Webster's Revised Unabridged Dictionary (1913)

Generic \Ge*ner"ic\, Generical \Ge*ner"ic*al\, a. [L. genus,
   generis, race, kind: cf. F. g['e]n['e]rique. See {Gender}.]
   1. (Biol.) Pertaining to a genus or kind; relating to a
      genus, as distinct from a species, or from another genus;
      as, a generic description; a generic difference; a generic
      name.

   2. Very comprehensive; pertaining or appropriate to large
      classes or their characteristics; -- opposed to
      {specific}.

Source : WordNet®

generic
     adj 1: relating to or common to or descriptive of all members of a
            genus; "the generic name"
     2: (of drugs) not protected by trademark; "`Acetaminophen' is
        the generic form of the proprietary drug `Tylenol'"
     3: applicable to an entire class or group; "is there a generic
        Asian mind?"