runoff

n. excess liquid that drains or flows into streams; final round in an election or competition

RUNOFF was the first computer text formatting program to see significant use. It was written in 1964 for the CTSS operating system by Jerome H. Saltzer in MAD assembler.It actually consisted of a pair of programs, TYPSET (which was basically a document editor), and RUNOFF (the output processor). RUNOFF had support for pagination and headers, as well as text justification. (TJ-2 appears to have been the earliest text justification system, but it did not have the other capabilities.)
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Run-off or runoff may refer to:Surface runoff, water that flows over the land surfaceAn alternative term in printing for bleed.Two-round system - a voting system used to elect a single winner, whereby only two candidates from the first round continue to the second roundInstant-runoff voting - an electoral system whereby voters rank the candidates in order of preferenceText formatting computer programsRUNOFF, first computer type-setting program, on the CTSS operating systemRunoff (program), type-setting program on the Multics operating system
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Noun
1. the occurrence of surplus liquid (as water) exceeding the limit or capacity
(synonym) overflow, overspill
(hypernym) flow, flowing
(derivation) waste, run off
2. a final election to resolve an earlier election that did not produce a winner
(hypernym) election
(derivation) run off

Used for listed equity securities. Series of trades printed on the ticker tape that occur on the N.Y.S.E. before 4:00 p.m., but are not reported until afterwards due to heavy trading and hence the late tape.

(See also Run Off) The water from all tributaries that enters into a river. (TNDOT1)