Small and Medium Enterprises - there is no definitive delineation between a small and medium sized business. As a general reference, small is often from 5 to 20 employees, medium from 20 up to 200. HM Customs & Revenue Glossary
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See Single Matching Engine Euroclear Clearing and Settlement glossary
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small and medium (-sized) enterprise; fairly small companies that are usually based in one place and owned by one person or small group of people:
• SMEs play an important role in sustaining domestic and regional economic growth.
— see also small business* * *
SME UK US noun [C or U] ECONOMICS, COMMERCE
► ABBREVIATION for Small and Medium Enterprise: a company, or companies considered as a group, that are neither very small nor very large: SME market/sector »
More than half of their revenue comes from larger corporate contracts, but the SME market is growing.
»More SME owners decided to downsize their businesses.
Financial and business terms. 2012.