Meaning of the word experiencing in English

What does experiencing mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

experiencing

US /ɪkˈspɪəriənsɪŋ/
UK /ɪkˈspɪəriənsɪŋ/

Verb

present participle of 'experience': encounter or undergo (an event or occurrence)

Example:
Many people are experiencing financial difficulties.
The company is experiencing rapid growth.