Meaning of fume date | Babel Free
Definitions
The date on which a company (especially a startup) runs out of money or is expected to run out of money.
Examples
“Acknowledging that risk⟳ and discussing the window of foresight that will be available before problems become⟳ serious and even honestly discussing the "fume date⟳" is often all the reassurance a prospective employee needs.”
“Was it a success? The WebTaggers guys say⟳ they will not know⟳ until the wire transfer⟳ date⟳, Aug. 15, when WebTaggers anticipates that funds from investors will have⟳ traded hands. After that? Jan. 1, 2001, the "fume date⟳," which no one really wants to think⟳ about -- the point⟳ at which, if no venture capital is coming in, the partners must admit⟳ defeat⟳.”
“Without either the bridge loan or the next round of financing, Xedia would reach⟳ its fume date⟳ by the end⟳ of March⟳ 1998.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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