SME
noun[CorU]
ECONOMICS,COMMERCEukusabbreviationforSmall and Medium Enterprise: acompany, orcompaniesconsideredas agroup, that are neither verysmallnorverylarge:
SME market/sectorMore thanhalfoftheirrevenuecomes fromlargercorporatecontracts, but the SMEmarketisgrowing.
More SMEownersdecidedtodownsizetheirbusinesses.
See also
microenterprise