capitalization
noun [ S or U ]
FINANCE, STOCK MARKET (UK also capitalisation) uk/ˌkæpɪtəlaɪˈzeɪʃən/ us/-ṱəl-/ (also cap); (market cap); (market capitalization)
the total value of a company's shares on a stock market:
The company's capitalization collapsed by half to $32 billion.
the total value of shares in a stock market or a number of stock markets:
This year's IPO volume is only 1.9% of the total capitalization of the Nasdaq, New York, and American stock markets.