1. Ongoing market valuation of a public firm with publicly traded shares calculated as outstanding shares held by the shareholders counted times the current per share market price . It is, however, neither the reasonable price of the firm nor a realistic estimate of the firm’s actual size. Trading in only a fraction of the firm’s total outstanding shares shows in a share’s market price. 2. Tally of all securities traded on a financial market as the current market value .
Black’s Law Online Dictionary
