Definition

emerging growth company

Part of the Compliance glossary:

An emerging growth company is a business with total annual gross revenues under $1 billion for the most recently ended fiscal year. Total annual gross revenues must be indicated on the business income statement presentation according to U.S. GAAP (generally accepted accounting principles) or IFRS (International Financial Reporting Standards) as issued by the IASB (International Accounting Standards Board). To qualify as an emerging growth company, a business’ initial sale of common equity securities must have occurred after December 8, 2011.

The JOBS Act (Jumpstart Our Business Startups Act) created the category of “emerging growth company” as a qualification for eased regulations as stipulated by the Act. The category is defined within the Securities Act and the Exchange Act.

This was last updated in June 2012
Posted by: Margaret Rouse

Related Terms

Definitions

  • Chief Privacy Officer (CPO)

    - A chief privacy officer (CPO) is a corporate executive charged with developing and implementing policies designed to protect customer data from unauthorized access. Other elements of the CPO job in... (WhatIs.com)

  • digital due process

    - Digital due process is an adaptation and extension of that legal concept to protect the rights of individuals with regard to online communications. Due process, in general, is the requirement that ... (WhatIs.com)

  • due process

    - Due process is a legal principle designed to protect the rights of citizens to fair treatment at the hands of the government. The concept is enacted in the United States Constitution. Although Engl... (WhatIs.com)

Glossaries

  • Compliance

    - Terms related to compliance, including regulatory definitions and words and phrases about governance and mitigating IT risk.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question About emerging growth companyPowered by ITKnowledgeExchange.com

Get answers from your peers on your most technical challenges

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.