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Old English word wic comes from Latin -olus, Proto-Indo-European *wey-, Proto-Indo-European *weiḱ-
-olus (Latin)
*wey- (Proto-Indo-European)
to bend, twist, wring
*weiḱ- (Proto-Indo-European)
to settle; settlement, tribe
*weyg- (Proto-Indo-European)
vicus (Latin)
Municipal section or ward, farm. Street; quarter, neighbourhood; row of houses. Village; hamlet.
wic (Old English)
Settlement, village, dwelling. Wick, bay.