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Mom and Pop
(redirected from Mom and pop shop)

    Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Mom and Pop
1. Describing a small business, usually run by a family with few or no other employees. Prices at mom and pop businesses are usually unable to compete with large retail corporations, but they generally have a reputation for providing individualized service.

2. Describing an investor who does not invest for his/her primary income. Mom and pop investors are usually seeking to supplement their incomes or save for retirement.
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