MIDDDLE CAPITALIZATION STOCK
\mˈɪdə͡l kˌapɪtəla͡ɪzˈe͡ɪʃən stˈɒk], \mˈɪdəl kˌapɪtəlaɪzˈeɪʃən stˈɒk], \m_ˈɪ_d_əl k_ˌa_p_ɪ_t_ə_l_aɪ_z_ˈeɪ_ʃ_ə_n s_t_ˈɒ_k]\
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This is a medium-sized corporation with stock shares valued with a total market capitalization typically between one billion and five billion dollars. Best known index is S&P MidCap 400, with a $2.30 billion average market capitalization. Also known as midcap.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.
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