burn rate
noun
: the rate at which someone or something (such as a corporation) uses up available funds
We had incorporation documents, employment contracts, nondisclosure agreements, and a stock-option plan. Since only one guy was drawing a salary, I thought I could manage our burn rate for a while, but I was feeling a growing sense of urgency.—
Charles H. Ferguson, Fast Company, October 1999
Charles H. Ferguson, Fast Company, October 1999The company has $89 million in cash and short-term investments as of January, giving it many years of a cushion even at its annual cash burn rate.—Matt Krantz, USA Today, 18 Mar. 2013
Matt Krantz, USA Today, 18 Mar. 2013Dictionary Entries Near burn rate
Cite this Entry
“Burn rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/burn%20rate. Accessed 27 Apr. 2024.
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