growth fund
noun
a mutual fund that invests primarily in growth stocks.
Origin of growth fund
1First recorded in 1965–70
Words Nearby growth fund
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use growth fund in a sentence
In the last month alone, a number of startups have either raised growth funds, bought another player present in regional markets within the same vertical, or tapped top talent in the telecoms industry.
Fintech eyes the AfCFTA opportunity for small businesses | Conrad Onyango | November 12, 2021 | QuartzAfrica’s transport and logistics start-ups are on track to raise more growth funds this year, in deals that could help ignite intra-Africa trade.
The prospect of easier intra-Africa trade is boosting investments in transport and logistics | Conrad Onyango | September 21, 2021 | Quartz
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