growth company

growth company definition - finance
A company that is known for its rapid earnings growth. Typically stocks of these companies donÂ’t pay dividends, because management reinvests earnings to fuel growth. Growth also refers to a style of investing that seeks out higher risk companies that have strong growth prospects.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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