Meaning of multiple expansion | Babel Free
Definitions
An increase in the price-earnings ratio, or multiple, of a stock or group of stocks.
countable, uncountable
Examples
“The recent rise in the market is due more to multiple expansion than any increase in earnings.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.