expansion
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expansion
The extension or enlargement in terms of scope, size, or sphere of influence. It is often used in a business context for the growth of a company.
Das Unternehmen plant die Expansion in den asiatischen Markt.
The company is planning expansion into the Asian market.
'Expansion' (expansion) belongs to a word family that comes from Latin. The related verb is 'expandieren' (to expand). Many nouns ending in '-ion' are feminine in German.
Das Unternehmen will weiter expandieren und neue Arbeitsplätze schaffen.
The company wants to continue expanding and create new jobs.
To indicate the direction of the expansion, you usually use the preposition 'in' with the accusative. 'Auf' with the accusative is also possible to describe the target of the expansion.
Die Firma plant die Expansion in den südamerikanischen Markt.
The company is planning expansion into the South American market.
In a business context, 'Expansion' (expansion) is often combined with certain adjectives. Common combinations are 'wirtschaftliche Expansion' (economic expansion), 'strategische Expansion' (strategic expansion), or 'globale Expansion' (global expansion).
Die globale Expansion ist ein zentraler Teil unserer Unternehmensstrategie.
Global expansion is a central part of our corporate strategy.
You can recognize the physical meaning from technical terms used in the natural sciences. Terms like 'thermisch' (thermal), 'Volumen' (volume), 'Stoff' (substance), or names of materials such as 'Metall' (metal) or 'Gas' (gas) point to this context.
Die thermische Expansion des Gases führte zu einem Druckanstieg im Behälter.
The thermal expansion of the gas led to an increase in pressure in the container.
growth
'das Wachstum' and 'die Expansion' can both describe a company or organization becoming larger. 'Wachstum' is more general and can mean more revenue, more production, or a longer positive development. 'Expansion' places more emphasis on outward extension, for example new markets, new branches, or more influence. The words can be confused because expansion is often a form of growth. If it is simply about greater success or size, 'Wachstum' fits. If it is about spreading or expanding the area of activity, 'Expansion' is more precise.
Die Firma plant die Expansion nach Österreich und eröffnet dort zwei neue Büros.
The company is planning expansion into Austria and is opening two new offices there.
Im Bericht sieht man das Wachstum des Unternehmens in den letzten fünf Jahren.
The report shows the company's growth over the last five years.