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Define: "Burn rate"

The corporate definition of Burn rate

What HR thinks it means:

The rate at which a company spends its capital to finance overhead before generating positive cash flow.

What it actually means:

"The terrifying dollar amount your team is wasting by arguing about button colors on a Zoom call."

Use it in a meeting:

"Our startup's burn rate is astronomical, mostly due to the CEO's insistence on ergonomic bean bag chairs and artisanal kombucha taps."

Related Terminology

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