growth
/grəʊθ/ noun [C or U]Definition
› ECONOMICS an increase in the ability of an economy or business to produce goods and services: the growth of the Indian economy We have had three successive years of economic growth.growth rate/rate of growth The economy's growth rate is likely to slow.revenue/job growth The steel company reported revenue growth of 55% last year on strong demand for its products. annual/future/long-term growth rapid/strong/impressive growth slow/weak growth sustainable/unsustainable growth
› an increase in size, amount, degree, level, etc.: the growth of sth The growth of farm spending has not been halted. I have been impressed by the rapid growth of the fair trade movement.growth in sth a 19% growth in internet use The growth in the money supply was faster than expected.
› FINANCE, STOCK MARKET the increase in value of an investment over a long period: Choose a trust that invests for growth rather than for income. The investor should stay in for long-term growth. a growth company
→ See also capital growth, economic growth, ex-growth, external growth, high-growth, market growth, monetary growth(Definition of growth noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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