strike rate
"Strike rate" measures efficiency or success in various fields, from sports to sales and finance.
Definition
B2Cricket
(technical, sports)The average number of runs scored by a batsman per 100 balls faced or the average number of balls bowled per wicket taken by a bowler.
Example
- A batsman with a high strike rate is very valuable in limited-overs cricket.
- The bowler's strike rate improved significantly after he changed his technique.
B2Baseball
(technical, sports)The number of runs scored by a batter divided by the number of balls faced.
Example
- His strike rate in the last season was impressive, showing his consistent performance.
B2Sales
(business)The percentage of successful sales or deals compared to the number of potential leads approached.
Example
- Our sales team has an excellent strike rate, converting many leads into customers.
C1Finance
(technical)A fixed interest rate in mortgage loans that does not exceed a specified maximum, used in interest rate cap agreements.
Example
- The strike rate on the loan helped limit the borrower's interest payments during the economic downturn.
Similar
Terms that have similar or relatively close meanings to "strike rate":
strike instrike workon strikestrike outstrike offstrike a strokebird strikestrike a blowstrike me luckystrike downstrike oilstrike teamstrike backstrike a lead