emerging market
The term "emerging market" is used to describe countries or regions that are experiencing rapid economic growth and development but have not yet reached the status of fully developed economies.
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Definition
C1Economics
(technical)A country or region with rapid economic growth and development, transitioning from a developing to a developed status.
Example
- India is considered an emerging market due to its fast-growing economy and expanding middle class.
C1Finance
(technical)A financial market in a developing country that is becoming more integrated with global markets.
Example
- Investors are increasingly interested in emerging markets for their high growth potential.
Similar
Terms that have similar or relatively close meanings to "emerging market":