BURN RATE Definition

Bookmark and Share

BURN RATE is the rate at which a new company uses up its venture capital to finance overhead before generating positive cash flow from operations. It is the rate of negative cash flow, usually quoted as a monthly rate.

Learn new Accounting Terms

GASB stands for Government Accounting Standards Board. The GASB is a nonprofit organization responsible for establishing and improving accounting and financial reporting standards for governmental units.

OFA is Oracle Flexible Architecture or Oracle Financial Accounting.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.