What does the letter 'M' depict in the term SME as used in the financial world?

Maximum

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Medium

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Mercantile

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Mutual

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Solution

The correct option is D Medium
Small and Medium Enterprises or Small and Medium-sized Enterprises (SMEs) are companies whose personnel numbers fall below certain limits. The abbreviation 'SMEs' is used in the European Union and by international organisations such as World Bank, the United Nations and the World Trade Organisation.

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