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exponential growth

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
exponential growth
strictly speaking that of a population where rate of growth is proportional to its population size, but is often used to mean an ever increasing growth.


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The joint venture will tap a market which is expected to see exponential growth in the coming years, particularly as, of the 1,800 million cards issued by 235 issuers (in China) in 2008, over 90 percent comprised ATM or debit cards with no revolving credit line," HSBC said in a statement.
With numerous commercial contracts in place and huge demand from manufacturers and government agencies for this service, this business is positioned for exponential growth.
There has been exponential growth in Islamic finance over the last few years with assets under management reaching $660 billion in 2007 up from just over $200bn in 2003, and they are now expected to reach $1.
 
 
 
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