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Small and Medium Businesses (SMB)

A small or medium-sized business, a term used more in the US, where SME is more common in the UK and internationally.

A small or medium-sized business, typically as defined by applicable legislation or government policy. The term SMB is used more commonly in the United States, while SME is more common in the UK, Europe, and many international procurement contexts.

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Related Glossary Terms

The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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