Definition, Meaning & Synonyms
breakeven
noun
/ˈbreɪkˌiː.vən/
Definition
The point at which total revenues equal total costs, resulting in neither profit nor loss.
Examples
- The company reached its breakeven point within the first year of operation.
- Understanding the breakeven analysis is crucial for new entrepreneurs.
- After several months of operating at a loss, the café finally achieved breakeven.
Meaning
Breakeven refers to a financial situation where an individual or business earns enough revenue to cover all expenses. At this point, there is no gain or loss. It is commonly used to assess the viability of a project or investment.
Synonyms
- break-even point
- cost-revenue balance
- no profit, no loss
