expansion
noun [ C or U ]
ECONOMICS, COMMERCE uk/ɪkˈspænʃən/ usan increase in the size, number, or importance of something:
a rapid/major/massive expansion the rapid expansion of the software industry
the planned/possible expansion of sth The document outlines the planned expansion of the programme across the UK.
airport/business/market expansion
expansion into sth Expansion into new areas of research is possible.
an expansion plan/programme/project
support/allow/encourage expansion
fund/finance expansion
See also
domestic credit expansion
vertical expansion