Growth Company Law and Legal Definition
A growth company is a company whose rate of growth significantly exceeds that of the average in its field or the overall rate of economic growth. Such company’s grows at a greater rate than the economy as a whole. Usually such companies direct a high proportion of income back into the business. A growth company typically has some sort of competitive advantage (a new product, a breakthrough patent, overseas expansion) that allows it to fend off competitors.
Legal Definition list
Related Legal Terms
- Accompanying Relative [Immigration]
- Accompanying Spouse and Dependents
- Accompanying the Armed Forces outside the United States
- Accompanying the Federal Government Outside the United States
- Accompanying Visa
- Affiliate and Associated Company
- Affiliated Company (Gaming Law)
- Armored Car Company
- Bank Holding Company
- Bank Service Company
