run⋅off
[ruhn-awf, -of] 
| 1. | something that drains or flows off, as rain that flows off from the land in streams. |
| 2. | a final contest held to determine a victor after earlier contests have eliminated the weaker contestants. |
| 3. | a deciding final contest held after one in which there has been no decisive victor, as between two contestants who have tied for first place. |
| 4. | Also called rundown. a continual or prolonged reduction, esp. in quantity or supply: a runoff in bank deposits; a sharp runoff in business inventories. |
| 5. | Stock Exchange. the final prices appearing on the ticker after the closing bell is rung for the trading day. |
Based on the Random House Dictionary, © Random House, Inc. 2009.
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| run·off (rŭn'ôf', -ŏf') n.
|
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Runoff
The procedure of printing the end-of-day prices for every stock on an exchange onto ticker tape.
Investopedia Commentary
If the "tape is late" then it can take a long time to print off all the closing prices.
See also: Flash Price, Print, Tape is Late, Ticker Tape
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runoff
in hydrology, quantity of water discharged in surface streams. Runoff includes not only the waters that travel over the land surface and through channels to reach a stream but also interflow, the water that infiltrates the soil surface and travels by means of gravity toward a stream channel (always above the main groundwater level) and eventually empties into the channel. Runoff also includes groundwater that is discharged into a stream; streamflow that is composed entirely of groundwater is termed base flow, or fair-weather runoff, and it occurs where a stream channel intersects the water table.
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