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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RESCIND is to revoke, cancel, or repeal a law, order, or agreement.

CHECK is a draft drawn against a bank, payable upon demand to the person/entity named upon the draft.

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