growth rate

Definition

Year-over-year change, expressed as a percentage.

Use growth rate in a sentence

You should keep an eye on your companies growth rate to see if it is performing as well as it should.

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The growth rate was stellar, we were leading the industry, we had successfully satisfied our target markets needs and wants.

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The growth rate of the business was really cool to track and I thought in a year they would be one of the biggest in the world.

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Compound Annual Growth Rate per cent