Exponential Growth

Business, Legal & Accounting Glossary

Definition: Exponential Growth


Exponential Growth


Full Definition of Exponential Growth


A growth factor in which the rate of growth of a value is proportionate to the previous increase in value. For example, when a value has doubled, the rate of growth will also have doubled. The rate may also be expressed as exponential decay in the case of declining growth. Compound interest, which is the increase in the value of money at a constant rate of interest, is a form of exponential growth. Also called geometric growth.


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Definition Sources


Definitions for Exponential Growth are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.