Definition of 'Main Street'
A colloquial term used to refer to individual investors, employees and the overall economy. "Main Street" is typically contrasted with "Wall Street." The latter refers to the financial markets, major financial institutions and big corporations, as well as the high-level employees, managers and executives of those firms. You'll often hear about Main Street vs. Wall Street in rhetoric about the differing goals, knowledge levels, interests and political power of these two groups. Some people think that what's good for one group is bad for the other. For example, high executive pay is seen to conflict with ordinary workers' pay and job security.
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