strike rate

Noun

Meaning

(baseball) The number of runs of a batter divided by the number of balls faced.

(cricket) The number of runs scored by a batsman per 100 balls faced; the number of balls bowled by a bowler divided by the number of wickets taken.

(sales) Sales success as a ratio of the number of customers to the number of potential leads who were approached.

Examples

Each hypothetical total return or payment at maturity set forth below assumes a Reference Strike Rate of 1.40%, a Buffer Amount of 30.60% and a Downside Leverage Factor of 1.44092 and reflects the Contingent Digital Return of 12.00%. Source: Internet

Investors should be willing to accept the risk of losing some or all of their principal amount if the Final Reference Rate is less than the Reference Strike Rate by more than the Buffer Amount. Source: Internet

This is Ravindra Jadeja's best IPL season with the bat - among Indian players, only Hardik Pandya has a better Strike Rate than Jadeja. Source: Internet

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