Welcome to the Financial Times Lexicon

Browse thousands of words and phrases selected by Financial Times editors and suggest new terms for the glossary.

 

Term of the day

fast-expanding market

The expression “fast-expanding market” refers to any rapidly growing opportunity. The market is the focal point, and it may exist at supranational, national, regional, industry, cluster, firm or even product level.

 

why we should use the term fast-expanding market

Fast-expanding market as a term serves as a more encompassing yet precise alternative to “emerging market”, “developing country” and “frontier market”. These latter terms are commonly used to imply the sources of growth; however, this...