large-cap
large-cap definition - business
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. Largecap 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.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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