Business / Taxes / Growth Rate: A growth rate measures the percentage increase in the value of a variety of markets, companies, or operations. For example, a stock research firm typically tracks the rate at which a company’s sales and earnings have grown as one of the factors in evaluating whether to recommend that investors purchase, hold, or sell its shares. Similarly, the rate at which the gross domestic product grows is a measure of the strength of the US economy. If you want to compare the vigor of entities or elements of different sizes, it’s more accurate to look at growth rate than it is to look at the actual numerical change in value. For example, an emerging market might be growing at a much faster rate than a developed one even though the size of those economies is vastly different.
Growth Noun Synonyms: advance, advancement, success, improvement, expansion, rise, progress
Growth Verb Synonyms: development, evolution, evolvement, cultivation, nurturing, increase, expansion, broadening, extension, enlargement, spread, proliferation, flowering
Rate Noun Synonyms: rank, grade, class, classify, evaluate, estimate, calculate, compute, count, reckon, judge, gauge, assess, appraise, measure
Rate Verb Synonyms: measure, pace, gait, speed, velocity, clip
Business / Accounting / Compound Annual Growth Rate (CAGR): The year on year growth rate required to show the change in value (of an investment) from its initial value to its final value. If a $1 investment was worth $1.52 over three years, the CAGR would be 1 MORE
Business / Finance / Aggressive Growth Mutual Fund: A mutual fund designed for maximum capital appreciation that places its money in companies with high growth rates. MORE