Multiplier

/ˈmʌl.tɪˌplaɪ.ər/

Meaning & Definition

noun
A factor by which a quantity is multiplied; a number that when multiplied with another produces a product.
In the equation, the multiplier of 3 indicates that the variable is tripled.
A device or circuit that increases the amplitude of an electrical signal.
The engineer installed a multiplier to improve the signal quality of the transmission.
In economics, a number that shows how much an increase in spending will lead to an increase in economic output.
The government's investment in infrastructure had a significant multiplier effect on the local economy.
A coefficient that relates the change in one variable to the change in another variable.
The price elasticity of demand can be calculated using a price multiplier.
In mathematics, an integer or another number that is used to create a product by multiplication.
To find the common multiples, we should first identify the smallest multiplier for each number.

Etymology

From the Latin 'multiplicare', meaning to multiply.

Common Phrases and Expressions

multiplier effect
The economic phenomenon where an initial amount of spending leads to a greater overall increase in economic activity.
return multiplier
A measure of the profitability of an investment based on the return generated.
economic multiplier
A coefficient that indicates the effect of a change in investment on the overall economy.

Related Words

multiply
To increase a number by another.
multiple
A number that can be divided by another number without a remainder.
multiplication
The process of combining quantities.

Slang Meanings

A person or thing that enhances or makes something better.
That new manager is a real multiplier for the team’s productivity.
Referring to financial strategies that exponentially increase returns.
Investing in tech is a multiplier for your portfolio.