Momentum

Momentum
Momentum refers to the rate of acceleration of an economic, price, or volume movement. It signifies the strength and likelihood of continued growth in these areas.
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.