Exponential Growth

Geometric Mean
The geometric mean is a type of mean that is calculated by taking the n-th root of the product of n numbers. It is particularly useful for sets of numbers whose values are meant to be multiplied together or are exponential in nature, such as rates of growth.
Snowballing
Snowballing in business refers to a situation in which business activity rapidly increases and builds momentum, often leading to exponential growth.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.