| designating a company, or a mutual fund that invests in companies, with a market capitalization of $5 billion or more. |
| large cap adj.
[large + cap2.] |
large-cap
Of or relating to the common stock of a big corporation that has considerable retained earnings and a large amount of common stock outstanding. Large-cap stocks, which are generally well known, include the ones listed in the Dow Jones Averages. See also mid-cap 1.
Of or relating to a mutual fund that chooses to hold a portfolio of large-cap stocks. Large-cap funds tend to have a more stable net asset value than either microcap or mid-cap funds.