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English definition of “growth area”

growth area

noun [C]
 
 
ECONOMICS, FINANCE
a business activity that is increasing in size and developing quickly: The biggest growth area in e-commerce is business-to-business trading.
a place where an increasing number of products can be sold: We have identified the Middle East as a potential growth area for our services.
(Definition of growth area from the Cambridge Business English Dictionary © Cambridge University Press)
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