GROWTH RATE Meaning and
Definition
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Growth rate refers to the rate at which a particular variable or quantity changes or increases over a specific period of time. It is commonly used in various fields such as economics, finance, biology, and demography, among others, to analyze and quantify the speed of growth or expansion.
In economic terms, growth rate typically refers to the increase in the size of a country's gross domestic product (GDP) over a given time frame, usually expressed as a percentage. It helps measure the economic performance and development of a nation.
In biology and population studies, growth rate refers to the rate at which a population of organisms or individuals increases in size or number over time. It is commonly measured by determining the difference between the birth rate and the death rate, often expressed as a percentage.
In the context of business and finance, growth rate may pertain to the rate at which a company's revenue, earnings, or market value increases. It aids in evaluating a company's performance and potential for future expansion.
Overall, growth rate is a quantitative measure that provides valuable insights into the rate and pace of change or expansion in various aspects of life, whether it be in terms of economic development, population growth, or corporate performance.
Common Misspellings for GROWTH RATE
- frowth rate
- vrowth rate
- browth rate
- hrowth rate
- yrowth rate
- trowth rate
- geowth rate
- gdowth rate
- gfowth rate
- gtowth rate
- g5owth rate
- g4owth rate
- griwth rate
- grkwth rate
- grlwth rate
- grpwth rate
- gr0wth rate
- gr9wth rate
- groqth rate
Etymology of GROWTH RATE
The word "growth" dates back to the Middle English period, derived from the Old Norse word "grōa" meaning "to grow". This Old Norse term also has cognates in other Germanic languages, such as "groeien" in Dutch and "grüezen" in Middle High German.
The term "rate" comes from the Latin word "ratus", which means "reckoned" or "estimated". It is derived from the verb "reri" meaning "to think" or "to judge". The term "rate" has been a part of the English language since the late 15th century.
Therefore, the etymology of the phrase "growth rate" is a combination of the Old Norse word "grōa" and the Latin word "ratus", indicating the estimation or reckoning of the process of growth.
Similar spelling words for GROWTH RATE
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