middle-market Meaning in the Cambridge English Dictionary

Meaning of “middle-market” in the English Dictionary

"middle-market" in Business English

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middle-marketadjective [before noun]

uk   us   (also mid-market)
COMMERCE used to describe a ​product or ​service that is neither very ​cheap nor very ​expensive when compared to other ​products or ​services of the same ​type: The middle-market ​retailgroup has been blamed for ​failing to ​modernize its ​stores to ​meetcustomerneeds.
WORKPLACE used to describe ​companies that are neither very ​big nor very ​small: The new ​rules have ​hit middle-market ​companies of between 20 and 499 ​employees.
COMMERCE used to describe ​people who usually ​buy things that are neither very ​cheap nor very ​expensive: middle-market consumer/customer The company's ​success is a ​result of its simple ​strategy of ​selling good-quality clothes and homewares to a strictly middle-market ​consumer.
(Definition of middle-market from the Cambridge Business English Dictionary © Cambridge University Press)
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