market capitalization
noun/ˌmɑːkɪt ˌkæpɪtəlaɪˈzeɪʃn/
/ˌmɑːrkɪt ˌkæpɪtələˈzeɪʃn/
(also market cap)
[uncountable, countable]- the value of a company that is bought and sold on the stock market, calculated by multiplying the total number of shares by the present share price
- The company's shares closed on Friday at 18p, giving it a market capitalization of £9.15 million.
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market capitalization