like, to do with numbers
2006-09-06 06:42:23 · 11 answers · asked by lex 1 in Business & Finance ➔ Other - Business & Finance
It is a business-specific term, but can be generalized to many other things. In any process where you are sacrificing some quantity to get an even greater amount of that quantity, there is the possibility that you don't get back as much as you sacrifice. Given time, this can be overcome, and eventually one gets back as much as one has sacrificed (spent). This is breaking even, and known as the "break-even point."
When starting a business, an initial investment of money is required, and then usually a constant recurring cost is involved. In the beginning stages of the business, you will probably not get more money in profit than you spent. If and when you eventually do, you have reached the break-even point.
2006-09-06 06:51:12 · answer #1 · answered by aristotle2600 3 · 0⤊ 0⤋
Break even means that you are at a point where there are no gains, no losses. Financially, most companies will budget to a break even point where they can allocate or even eliminate some expenses to meet income.
Example: you paid 100 dollars for chips to sit in a poker game. After a while, you started winning and you ended up with 300 dollars. If you were to continue gambling, and you lose 200 dollars, you broke even. You did not lose your initial 100, nore did you profit from it. If you were to quit at 300, you would have made a 200 dollar profit.
2006-09-06 06:52:04 · answer #2 · answered by Eltownzjem 3 · 0⤊ 0⤋
Break even is the point where you are not losing money, but not making money either.
Businesses want to know this so they will have an idea of how much money and time they will have to invest, and how many units they will have to sell to recoup their investment and start making a profit.
2006-09-06 06:47:42 · answer #3 · answered by Michael 3 · 0⤊ 0⤋
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RE:
what does ''break even'' mean?
like, to do with numbers
2015-08-06 07:30:03 · answer #4 · answered by Lucias 1 · 0⤊ 0⤋
That means, If you play a two dollar scratch off ticket and win 2 dollars. you broke even. No money gained, none lost.
2006-09-06 06:48:49 · answer #5 · answered by amylr620 5 · 0⤊ 0⤋
Broke Even
2016-11-08 21:40:09 · answer #6 · answered by Anonymous · 0⤊ 0⤋
In a nutshell..."breaking even" means that your gross income is equal to your current liabilities
2006-09-06 06:46:57 · answer #7 · answered by Q.S.G 3 · 0⤊ 0⤋
having income exactly equal to expenditure
No profit and no loss
2006-09-06 10:36:10 · answer #8 · answered by Kamran 3 · 0⤊ 0⤋
It means you neither gain or lose.
2006-09-06 06:47:35 · answer #9 · answered by Blondie 3 · 0⤊ 0⤋
it means you made back whatever money you have invested in something
2006-09-06 06:47:44 · answer #10 · answered by chavito 5 · 0⤊ 0⤋