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Term Of The Hour

Run rate: Run rate is a quick and dirty method to extend less than one year's worth of numbers to an entire year. It's an extrapolation of data from a period of time to a longer period. For example, if a company has sales of $100,000 a month, it could be extrapolated that is has a run rate of $1.2 million when it comes to sales. Want to invest the Motley Fool way? Our Motley Fool Stock Advisor service…

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