growth fund

noun

1. a mutual fund that invests primarily in growth stocks.

Word History and Origins

Origin of growth fund¹

First recorded in 1965–70

Example Sentences

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.

From Quartz

Africa’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.

From Quartz