progressive Meaning in Cambridge Business English Dictionary
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Meaning of "progressive" - Business English Dictionary

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progressive

adjective
 
 
/prəʊˈɡresɪv/ US   /prəˈɡresɪv/
developing or happening gradually: There's been a progressive decline in the standard of living over the last decade. Lomax promised 'a progressive return to our underlying growth rate' of 20% a year.
MANAGEMENT, POLITICS used to describe ideas or systems that are new and modern, and that encourage change and development: We're looking for progressive ideas to move the company forward. progressive management practices The company leadership has politically progressive views.
ECONOMICS, TAX used to describe an economic system in which more advantages, especially tax advantages, are given to people with less money than to people with more money: The party says it will introduce a more progressive Budget.
→  Compare regressive
(Definition of progressive from the Cambridge Business English Dictionary © Cambridge University Press)
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