There are a number of different approach slopes going to a runway. A visual runway has a 20:1 slope, a non-precision runway has a 34:1 approach slope and a precision runway has a 40:1 approach slope. Depending on the runway and any obstructions there might be there, the slopes may intersect with the threshold, or may gp to a point 200 feet off the end of the runway. There are also departure slopes off of instrument runways, which in some cases are extremely flat -- up to 80:1.
These slopes are part of the standards used to define airport design so that the airports know what obstructions they must light, remove or notam, so that the approach designers have a standardized clearance to work with.