Mom And Pop

A colloquial term for a small, independent, family-owned business. Unlike franchises and large corporations, which have multiple operations in various locations, mom and pop shops usually have a single location that often occupies a physically small space. The “shop” could be any type of business, such as an auto repair garage, bookstore or restaurant.

"Mom and pop" can also refer to inexperienced investors who play the market casually and do not rely on trading to significantly supplement their income.

Mom and pop shops sometimes have difficulty competing with larger businesses' buying power. This competitive disadvantage often results in high prices at mom and pop operations. Mom and pop shops are able to stay competitive by differentiating themselves from their large-scale competitors with a unique product, exceptional service and/or other personalized feel.


Investment dictionary. . 2012.

Look at other dictionaries:

  • mom-and-pop — ˌmom and ˈpop adjective mom and pop business/​ store etc COMMERCE a shop or small business that is owned and operated by members of the same family, and has a very limited amount of capital: • Most wineries in California are mom and pop… …   Financial and business terms

  • mom-and-pop — adj [only before noun] AmE a mom and pop business is owned and managed by a family or a husband and wife ▪ a real mom and pop restaurant …   Dictionary of contemporary English

  • mom-and-pop — adjective AMERICAN a mom and pop business is owned by a single family that also does most or all of the work: mom and pop convenience stores …   Usage of the words and phrases in modern English

  • mom and pop — mom and pop, U.S. of or having to do with a small, family run retail business: »a mom and pop filling station. Though this would include even mom and pop grocery stores, Congressional backers of the proposal would like to insert a provision to… …   Useful english dictionary

  • mom-and-pop — /mom euhn pop /, adj., n., pl. mom and pops. adj. 1. of or pertaining to a small retail business, usually owned and operated by members of a family: a mom and pop grocery. 2. of or indicating something, as an enterprise, investment, or project,… …   Universalium

  • mom and pop — (USA) A mom and pop business is a small business, especially if it is run by members of a family. It can used in a wider sense to mean that something is small scale …   The small dictionary of idiomes

  • mom-and-pop — mom′ and pop′ adj. cvb bus being a small retail business usu. owned and operated by members of a family • Etymology: 1950–55, amer …   From formal English to slang

  • mom-and-pop — ¦ ̷ ̷  ̷ ̷ ¦ ̷ ̷ adjective : being a small owner operated business a mom and pop candy store * * * /mom euhn pop /, adj., n., pl. mom and pops. adj. 1. of or pertaining to a small retail business, usually owned and operated by members of a family …   Useful english dictionary

  • mom-and-pop —    staid and old fashioned    Like your aged parents and often of a small retail business:     ... a small time mom and pop dope store would be allowed to flourish unmolested. (McBain, 1981)    Some figurative use:     Are you gonna be a mom and… …   How not to say what you mean: A dictionary of euphemisms

  • mom-and-pop — adjective (only before noun) AmE a mom and pop business is owned and operated by a family or a husband and wife: a real mom and pop operation …   Longman dictionary of contemporary English


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