| designating a company, or a mutual fund that invests in companies, with a market capitalization of between $1 billion and $5 billion. |
Mid Cap
Companies having a market capitalization between $2 billion and $10 billion. Shortened form of "middle cap".
Investopedia Commentary
As the name implies, mid-cap companies are in the middle of the pack. Mid caps aren't too big, but they have a respectably sized market cap.
Keep in mind that classifications such as "large cap" or "small cap" are only approximations that change over time. Also, the exact definition of these terms can vary between brokerage houses.
Related Links
Market Capitalization Defined
The Great Gap
See also: Large Cap, Market Capitalization, Mega Cap, Micro Cap, Nano Cap, Small Cap
Also spelled: mid-cap, midcap
mid-cap
Of or relating to the common stock of a company with a middle level of market capitalization, usually within the range of $2 billion to $10 billion, although the cutoff points are fuzzy on both ends.
Of or relating to a mutual fund that holds mostly mid-cap stocks.