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单词 mom and pop
释义

mom and pop


mom and pop

n (Commerce) a. a small family-owned private business enterpriseb. (as modifier): a mom and pop store.
LegalSeeSmall Business

Mom and Pop


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.
AcronymsSeeM&P
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