noun a measure of how quickly a company is using up its cash reserves
In finance, burn rate refers to the rate at which a company is spending its available funds.
In the tech industry, burn rate is used to evaluate the efficiency of a company's spending on research and development.
Business managers use burn rate to assess the financial health and sustainability of their operations.
In the startup world, burn rate is a key metric used to measure how quickly a startup is spending its capital.
Venture capitalists closely monitor the burn rate of their portfolio companies to ensure they are not running out of funds too quickly.
In the publishing industry, 'burn rate' may refer to the rate at which a writer is completing projects or the rate at which they are using up their creative energy.
In a business context, 'burn rate' may be used to refer to the rate at which a psychologist is using up their available resources, such as time or budget, on a particular project or client.
For entrepreneurs, 'burn rate' typically refers to the rate at which a startup is spending its available capital or resources without generating enough revenue to sustain itself.
In finance, 'burn rate' is often used to describe the rate at which a company is spending its cash reserves or the rate at which an investment is losing value over time.