How is Mid Fi defined?

I don't think that Hi Fi, Mid Fi or Low Fi can be defined in a way that very many would agree, but since I've seen it referenced several times I figured I'd ask what it means to different people. I hadn't really considered that my speakers were anything but Hi Fi, but after seeing what level of gear is available they just might fit the bill.

I guess I might consider my Focal Chorus series speakers Mid Fi because they are technically a "budget" line of speakers.

Also, it might be reasonable to consider Mid Fi to be having a home theater receiver rather than a dedicated two channel amplifier.

if i use duct tape on my remotes can i still be hifi? only have spent about 50ooo dollars on this stuff? so i can enjoy the white album? all these labels are confusing me. i don,t know who i am anymore. i.m gonna upgrade. ha

ask mr da-iom. he knows. sure, he knows ha

Mid-Fi = a buck or two above minimum wage

You might own a mid fi system if all your grown kids still have thier naturally crooked teeth.
You might own a mid fi system if your house has only two rooms, and a DELUXE model outhouse. (two seats, no waiting).
You might own a mid fi system if your idea of a financial retirement plan is to bury a hundred bucks in your backyard.
You might own a mid fi system if your wife moonlights at the local greasy spoon truck stop.
You might own a mid fi system if you have never been outside the very same county you were born in.
You might own a mid fi system if your 'higher education' was in a brothel.
You might own a mid fi system if you hunt Possum for fun AND profit.
You might own a mid fi system if your family is still in Mexico and you send them money every week via Western Union.
You might own a mid fi system if your favorite sport is hittin' the spittoon and makin' it ring all per'tty.
You might own a mid fi system if your car is a Ford.
You might own a mid fi system if your car is a Chevy.
You might own a mid fi system if your car is a Buick.
You might own a mid fi system if your car is a Chrysler.
You might own a mid fi system if your car is a Toyota.
You might own a mid fi system if you get paid by the hour.
You might own a mid fi system if you live off SSI.
You might own a mid fi system if your parents are dirt poor and you are going to college.
You might own a mid fi system if you are rich and are NOT an audiophile.
A few ideas for starters there....