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Post a RequestCompound Annual Growth Rate Definition
compound annual growth rate – n : often referred to by
abbreviation CAGR; the annual growth in revenues – of a company, a market niche
or an industry – factoring in annual compounding (similar to the concept of
compound interest).
Example:
If
market niche has aggregate revenues of $100 million in the year 2001, and then
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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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