Pronunciation: (mom'un-pop'), [key]
—adj., n., pl. -pops.
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, that is independent, small in scope, and modestly financed.
a small-scale, owner-operated business.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.