The numbers quoted for viscosity do have meaning. I have carried out many thousands of viscosity measurements by many differnt methods over the past fifty years. You can look-up the meanings of the various SAE figures on the web.
There is whole body of instructional and disputational text on viscometry which makes this a subject for the academic. However the practical applications are relatively simple in industry where robustness of method and results are subject to time constraints. One such example is in the varnish kitchen where the viscosity of the varnish being 'cooked' can change whilst the measurement is being done.
The basic and simplest methods are measurements of flow rate, that is the time taken for a specified volume to flow, for example, through a specific sized hole. The apparatus used is generally a so called flow-cup. You can visualise these methods by imagining punching as hole in a bucket, filling the bucket with the liquid in question and timing how long the bucket takes to empty. For comparative purposes the temperature need to be known for each measurement. The results are reported as so many seconds at the test temperature. There are legion of cups in use, in the gravure printing industry the Zahn cups ( small bucket on a stick) are most favoured, in the car painting business in the US the Ford No. 4 cup held sway, and in the UK the BS.B4 cup, nominally equivalent to the Ford 4, in practice these could only be compared when one or other had a conversion factor applied.
Of course this sort of method only works well for Newtonian liquids. ( search Google for an explanation of Newtonian!) Non-Newtonian materials gels, thixotropes, dilatants, semi-fluids, foodstuffs, etc. etc. have to be tested in different ways often by methods which involve rotation of a paddle in the liquid and measuring the amount a spring is either stretched or compresessed. The classic instrument for this is the Brookfield Viscometer.
Jerry