Meaning of “projected growth rate” in the English Dictionary

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"projected growth rate" in Business English

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projected growth ratenoun [ C ]

uk us ECONOMICS, FINANCE

the rate at which something is expected to grow based on information already known:

The company is one of the few big commodities businesses with a projected growth rate as high as 14%.

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