Compound Annual Growth Rate

compound Noun

— A compound is a material made of a number of other materials. The new chemical compound has far less smell than the original substance. There is a group of gases that do not easily form chemical compounds. — A compound is a mixture. The new CD is a compound of North American rock music and Middle Eastern religious songs. — A compound is a group of buildings surrounded by a fence or wall.

compound Verb

— If something is compounded, it is added to. Her troubles were now compounded by the rain. — If interest is compounded, it is paid on earlier interest payments. Interest is compounded monthly.

annual Adjective

— If something is annual, it happens every year. The 1992 Annual General Meeting will be held at Bristol University, on Saturday April 11 and Sunday April 12.

annual Noun

— An annual is a kind of plant that only lives for one year.

growth Noun

— The act of growing (getting bigger); an increase in size, number, value, or strength. I'm pleased with the growth in value of our house in the years after we bought it. — Something that grows or has grown; a mass that is not normal, such as a tumor. There was a healthy growth of bushes near the house. He died of a growth in his brain.

rate Noun

— Speed. A rate is how fast something happens. Something can go at a fast rate or a slow rate. The rate of water pouring out of the lake into the river is enough to make the lake empty in a year if it doesn't rain. Her heart rate is 70 beats every minute. If we keep writing pages at this rate we might have 2000 Simple English Wiktionary words by August 4.

rate Verb

— Someone rates something when they decide how much its value is (how much it's worth). I rate this book at six out of ten: it was not the best book.