Minority Business. Development Agency. Mission Statement. The Minority Business Development Agency is an entrepreneurially-focused and innovative organization, committed to minority business enterprise and wealth creation.
Freebase (5.00 / 1 vote) Rate this definition: Mid-ocean ridge. A mid-ocean ridge is a general term for an underwater mountain system that consists of various mountain ranges, typically having a valley known as a rift running along its spine, formed by plate tectonics.
These mid-ocean ridges are volcanic. Along these ridges, such as the Mid-Atlantic Ridge, new rocks are solidifying out of liquid magma. The paleomagnetism in the rocks as you move away from the mid-ocean ridge is a series of magnetic stripes, normal, reversed, normal, reversed, and so on.long these ridges, such as the Mid-Atlantic Ridge, new rocks are solidifying out of liquid magma. The paleomagnetism in the rocks as you move away from the mid-ocean ridge is a series of magnetic stripes, normal, reversed, normal, reversed, and so on.