runway: Word of the day for August 22, 2018

runway , n :
A defined, narrow section of land or an artificial structure used for access. The usual path taken by deer or other wild animals, such as from a forest to a water source. A narrow walkway (often on a platform) extending from a stage on which people walk, especially one used by models during fashion shows. (athletics) In javelin, long jump, and similar events: a short track along which athletes can accelerate themselves for their jumps or throws. (aviation) A section of land, usually paved, for airplanes to land on or take off from. (slang) Hence, the number of months that a startup company can operate on its cash reserves. A stream bed.