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Idiom of the week – Burn rate

Posted by englishlessons on July 8, 2015

Definition:
the rate at which a company uses up available funds or spends capital while waiting to become profitable

Examples:

That start-up has a really high burn rate; I’m not sure how long they can sustain it.

That VC firm is trying to slow the burn rate at some of the start-ups they are funding.

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