Definition, Meaning & Synonyms
to-break-even
phrase
/tə ˈbreɪk ˈiːvən/
Definition
to reach a point where there is no profit or loss from a financial situation.
Examples
- After several months of hard work, the company finally managed to break even.
- If we can break even by the end of the year, we’ll be in a good position for next year.
- He realized he needed to increase sales to break even on his investment.
Meaning
The term ‘to break even’ refers to a financial state where an individual or business’s total sales or income equals its total expenses, resulting in neither profit nor loss.
Synonyms
- break even point
- no profit, no loss
- cover costs
