Meaning of “external growth” in the English Dictionary

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"external growth" in Business English

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external growthnoun [ U ]

uk us also inorganic growth

the increase in a company's sales and profits that is a result of buying other companies or of forming a business relationship with them :

External growth is the quickest way for a company to increase its value.

(Definition of “external growth” from the Cambridge Business English Dictionary © Cambridge University Press)