compound growth rate
noun[C]
ukus(alsocompounded growth rate);(abbreviationCGR);(alsocompound annual growth rate);(abbreviationCAGR)ECONOMICS,FINANCE
therateat which aneconomy,investment,company, etc.growsover aperiodofyears,basedongrowthover thepreviousyear:
In the 21yearsthat he hasmanagedYale'sendowment, it hasearneda 16.3%compoundgrowthrate.