The rate at which an enterprise spends money, especially venture capital, in excess of income: the corporation lays off workers to cut burn rate
More example sentences
- ‘We've cut our burn rate to compensate,’ he said.
- We are encouraging our companies to cut their burn rate and show a faster path to profitability.
- We've considered mergers to the extent that they reduce our burn rate, diminish our overhead, and create further synergies for our business model.
Definition of burn rate in:
- The British & World English dictionary