virtuous circle |
Definition
Self-propagating advantageous situation in which a successful solution leads to more of a desired result or another success which generates still more desired results or successes in a chain. For example, compound interest earned on a deposit keeps on generating ever greater amounts of interest. Also called virtuous cycle. See also vicious circle.
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virtuous circle is in the Information & Knowledge Management and Systems & Methodologies subjects.
virtuous circle appears in the definitions of the following terms: reinforcing feedback, virtuous cycle and vicious circle
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