1. A slow, steady, or limited increase in size, quantity, value, or development
The company reported modest growth of 2% this quarter.
A empresa reportou um crescimento modesto de 2% neste trimestre.
2. Economic or business expansion that is below average or expectations but still positive
Despite challenges, the economy showed modest growth last year.
Apesar dos desafios, a economia apresentou um crescimento modesto no ano passado.