Compound growth refers to the gradual increase in something over time, where the growth rate is added on top of the existing growth. It is like a snowball effect, where as time goes on, the growth becomes larger and faster.
Full definition
Synonyms for individual words can be found below.
«compound»
«growth»
Phrases with «compound growth»
Sentences with «compound growth»
- The biggest benefit to a long - term investment is the value of years of compound growth. (creditsesame.com)
- Since 2008 auto loans from the Canadian banks have grown at an annual compound growth rate of 21 %, hitting $ 72 billion as of the end of last year. (canadianbusiness.com)
- If anybody needs specific proof, just look at 20 % compound growth in board books for the last three years. (porteranderson.com)
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