Meaning of “outpace” in the English Dictionary

"outpace" in American English

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outpaceverb [ T ]

us /ˌɑʊtˈpeɪs/

to increase, move, or grow faster than another thing:

Aging boomers will outpace the supply of nurses who could help care for them at home.

(Definition of “outpace” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"outpace" in Business English

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outpaceverb [ T ]

uk /ˌaʊtˈpeɪs/ us

to grow or develop more quickly than something else:

Growth in the services and information industries continues to outpace overall economic recovery.
outpace demand/supply/inflation State forecasts show that demand for water will outpace supply by 2030.
be outpaced by sb/sth In recent years, the firm has found itself outpaced by lower-cost producers.

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