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Definition of burn rate
: 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 The 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
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Time Traveler for burn rate
The first known use of burn rate was in 1984
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