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Describing a publicly-traded company with large amount of market capitalization. Though there is no fixed measurement, a large-capitalization company typically has a market capitalization over $5 billion or $10 billion. Some brokerages or exchanges have slightly different definitions of large-capitalization. Some indexes track large-capitalization companies, as do some exchange traded funds. See also: Mid-Cap, Low-Cap.
1. Of or relating to the common stock of a big corporation that has considerable retained earnings and a large amount of common stock outstanding. Large-cap stocks, which are generally well known, include the ones listed in the Dow Jones Averages. See also mid-cap.
2. 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.