medium-cap

Definition

A company with a market capitalization of over $1 billion, but below $5 billion (a company with a market capitalization over $250 billion is a giant or mega cap company). There is not exact criteria for using market caps to classify companies, but the general rules of thumb are : a micro cap company has a capitalization of under $250 million; a small cap company has a market capitalization between $250 million and $1 billion; a medium cap company has a market cap of between $1 billion and $5 billion; a large cap company has a capitalization between $5 billion and $250 billion, and companies with even larger capitalizations are mega caps.
When calculating the market caps of foreign companies who have issued ADRs in the US, only the outstanding ADR shares are considered, not the shares issued by that company in other countries. also called midcap.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
medium of exchange medium-dated gilt