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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

growth industry  

Definition 1.

An industry which is growing earnings and/or revenue faster than the overall market. Growth industries usually contain a large number of growth stocks. Investments in such industries are usually suitable for investors who are willing to accept larger risk in exchange for the possibility of larger returns.
 

Definition 2.

A sector of the economy experiencing a higher-than-average growth rate.
 
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