Meaning

noun the place at a fair or carnival where sideshows and similar amusements are located

noun naval battle of World War II (June 1942); American planes based on land and on carriers decisively defeated a Japanese fleet on its way to invade the Midway Islands

adjective equally distant from the extremes

originFrom Middle English mydwaye, mydweye, from Old English midweġ (“midway”), equivalent to mid- + way. Cognate with Dutch midweg (“midway”), Middle Low German midwech (“midway”).

Etymology from Wiktionary, CC BY-SA 3.0