Definition, Meaning & Synonyms
to break even
verb phrase
/tə ˈbreɪk ˈiːvən/
Definition
The point at which total revenues equal total costs, resulting in no profit or loss.
Examples
- If the company can break even in the first year, it will be considered successful.
- After cutting down unnecessary expenses, they finally managed to break even by the end of the quarter.
- Many startups aim to break even within their first two years of operation.
Meaning
To reach a situation in which one’s financial returns equal the expenses incurred, hence not making money but also not losing any. This is often used in business and finance contexts to assess profitability.
Synonyms
- to balance
- to equalize
- to neither gain nor lose
