Financial

Transition Industry

An industry at a state in its life cycle in which growth slows to the growth rate of the economy at large. This is marked by a slowdown in earnings growth and often results in a change to the company's dividend policy. See also: Growth phase, Maturity phase, Three-phase DDM.

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References in periodicals archive

Historically, in the transition industry, it was a hurried choice at the end of a long process of choosing a manager," says Steve Kirschner, Tacoma, Washington-based Russell Investments' Head of Transition Management, Americas.

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