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pmi

SME

noun PEE-mee Rare

Origin: Abbreviation of piccole e medie imprese

Also means

small and medium enterprise

Usage Note

PMI (also written pmi) stands for piccole e medie imprese — Italy's small and medium-sized enterprises, the backbone of the Italian economy. It is an invariable noun; the gender follows l'impresa (f). The equivalent English acronym is 'SME'.

Examples

"Le PMI rappresentano il 90% delle aziende italiane."

Natural Translation

SMEs represent 90% of Italian companies.

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