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growth company
noun
: a company that grows at a greater rate than the economy as a whole and that usually directs a relatively high proportion of income back into the business
Examples of growth company in a Sentence
Recent Examples on the Web
And the outcome of a growth mindset is, with any luck, a growth company.
—Evan Clark, WWD, 30 Oct. 2024
That’s a steep valuation for a growth company that’s no longer growing.
—Christiaan Hetzner, Fortune, 21 Oct. 2024
The company, which went public via a SPAC in 2022, isn't profitable and has seen its shares slump as public investors retreated from growth companies.
—Katie Fehrenbacher, Axios, 8 Oct. 2024
Many growth companies, especially in sectors like technology, have high P/E ratios because investors are betting future earnings may grow significantly.
—Michael Khouw, CNBC, 7 Oct. 2024
See all Example Sentences for growth company
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Word History
First Known Use
1959, in the meaning defined above
Dictionary Entries Near growth company
Cite this Entry
“Growth company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/growth%20company. Accessed 8 Nov. 2024.
Legal Definition
growth company
see company
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