RUN RATE Definition

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RUN RATE, in finance, is how the financial performance of a company would look if you were to extrapolate current results out over a certain period of time. In accounting, it is the average annual dilution from stock option grants at a company over the most recent three year period reported in the annual report.

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THEFT, as legally defined, encompasses a broad range of activities when one person uses, transfers, conceals, or retains possession of another persons property without the other persons consent. This definition is much broader than what most persons believe to be theft and can include writing bad checks, unauthorized use of a credit card, keeping found property without making a reasonable attempt to find its rightful owner, misusing trade secrets, unlawfully tapping into cable television services, wrongfully receiving public assistance, and removing serial numbers from movable property with the intent of concealing the identity of the true owner.

BILLINGS, generally, is the request for payment of a debt. In accounting, it is sales for which invoicing has been issued.

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