market capitalization
Noun
Meaning
an estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share
Source: WordNetSynonyms
Hypernyms
Examples
January 5th, 2020 - on CryptoPing (PING) Market Capitalization Tops $309,197.
Market capitalization is calculated by taking the equity's price and multiplying it by the number of shares readily available in the market.
Market capitalization on the exchange doubled in 2005 from USD 47.2 billion to USD 93.5 billion in 2006, peaking at USD 139 billion in 2007.
October 11th, 2020 - on BitRewards (BIT) Achieves Market Capitalization of $44,854.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures.
The economy witnessed growth, with bank assets reaching over 75 billion US dollars, citation Market capitalization was also at an all-time high, estimated at $10.9 billion at the end of the second quarter of 2006.