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.
The Mid-Atlantic Ridge in Iceland. The Mid-Atlantic Ridge is a submarine ridge located along the floor of the Atlantic Ocean, that wraps around the globe for more than 65,000 km like the seam of a baseball.