︎runway
n.— «If you don’t have a recent VC round of cash, you probably won’t qualify for the extra boost, since lenders minimize risk by lending only to highly liquid clients. Julich says RBC Centura often looks for cash deposits equivalent to more than nine months of operating expenses. Cash like that constitutes a “long runway” in venture parlance. The hope, of course, is that the business is off and flying before the money runs out.» —“Bonus Round” by David Worrell Entrepreneur.com July, 2003. (source: Double-Tongued Dictionary)
Further reading
If you speak a second or third language, you may remember the first time you dreamed in that new tongue. But does this milestone mean you’re actually fluent? And a couple’s dispute over the word regret: Say you wish you’d been able...
While reading Great Expectations (Bookshop|Amazon) by Charles Dickens, a listener in Arlington, Texas, is surprised when one of the characters inherits some money, which Dickens describes as a cool four thousand. Were they really using cool that way...