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Mittelstand

Line breaks: Mittel|stand
Pronunciation: /ˈmɪt(ə)lstand
 
, ˈmɪtlʃtant/

Definition of Mittelstand in English:

noun

The medium-sized companies in a country, viewed as an economic unit: there is a growing political consensus on the need to improve the flow of finance to the Mittelstand
More example sentences
  • It has maintained its Mittelstand of medium-sized firms, despite the fear that the euro, over-regulation and high labour costs would kill it off.
  • All of them are in competition over who can best represent the interests of big business, cuddle up to the Mittelstand (medium-sized businesses), introduce low-wage jobs and reduce employees' rights.
  • The coalition document also calls for support for the Mittelstand (medium-sized business), but without providing any exact figures.

Origin

German, literally 'middle group'.

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