Transition phase(redirected from Transition Phases)
A stage of development when a company begins to mature and its earnings decelerate to the rate of growth of the economy as a whole. Related: Three-phase DDM.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A stage in a company's life cycle where 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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved