A company with a capitalization in the middle range; specifically (in the United Kingdom) one that comes between the 101st and the 350th (inclusive) when companies are listed in descending order of capitalization.
Origin
1980s; earliest use found in Forbes. From mid + cap-.
Definition of mid-cap in US English:
mid-cap
nounmɪdˈkap
US Finance
A company with a capitalization in the middle range; specifically (in the United Kingdom) one that comes between the 101st and the 350th (inclusive) when companies are listed in descending order of capitalization.
Origin
1980s; earliest use found in Forbes. From mid + cap-.