break-even

break·e·ven

or break-e·ven B0466300 (brāk′ē′vən)adj. Marked by or indicating a balance, especially between investment and return.n.1. The point, especially the level of sales of a good or service, at which the return on investment is exactly equal to the amount invested.2. The point at which the energy produced by a system is equal to that put into it, thereby rendering the system self-sustaining. In both senses also called break-even point.

break′-e′ven

or break′e′ven,

adj. of or designating the point at which income, as from sales of a product or service, is exactly equal to expenditure, resulting in neither profit nor loss. [1935–40, Amer.]

Translations

break-even

Break Even

1. To make the sales or revenues necessary to cover costs and prevent a firm from operating at a loss. The breakeven may be relatively stable or it may fluctuate, depending on the company or industry. Companies with high breakevens tend to have large fluctuations in earnings from year to year.

2. To sell a security at a price that causes the seller to neither make a profit nor lose money on the sale.

Fig. 11 Break-even. A supplier's typical short-run costs and revenues. Fixed costs do not vary with output and so are shown as the horizontal line FC. Total cost comprises both fixed costs and total variable costs and is shown by line TC. Total revenue rises as output and sales are expanded and is depicted by line TR. At low levels of output such as Q total costs exceed total revenues and the supplier makes a loss equal to AB. At high levels of output such as Q₂ revenues exceed costs and the supplier makes a profit equal to DE. At output Q₁ total revenues exactly match total costs (at C) and the supplier breaks even.

break-even

the short-run rate of output and sales at which a supplier generates just enough revenue to cover his fixed and variable costs, earning neither a PROFIT nor a LOSS. If the selling price of a product exceeds its unit VARIABLE COST then each unit of product sold will earn a CONTRIBUTION towards FIXED COSTS and profits. Once sufficient units are being sold so that their total contributions cover the supplier's fixed costs then the company breaks even. If less than the break-even sales volume is achieved then total contributions will not meet fixed costs and the supplier will make a loss. If the sales volume achieved exceeds the break-even volume, total contributions will cover the fixed costs and leave a surplus which constitutes profit. See Fig. 11.

Differences in cost structures can have a significant effect upon companies' break-even points. For example, a company with low levels of automation and so little capital equipment (for example Rolls Royce cars) would have low fixed depreciation costs but high direct labour costs. With high unit direct costs relative to selling prices such a firm would have a low unit contribution but low fixed costs, so would break even at a low sales volume, though profits would climb only slowly beyond the break-even point because of low unit contribution. By contrast, a highly automated plant would have high fixed depreciation costs, but with low unit direct labour costs, would have a higher unit contribution. Firms with such plants (for example Ford) would not break even until a much higher sales volume was achieved, but thereafter profits would increase rapidly with larger unit contributions. See MARGINAL COSTING, PROFIT-VOLUME CHART.

Fig. 17 Break-even. A supplier's typical short-run costs and revenues. Fixed costs do not vary with output and so are shown as the horizontal line FC. Total cost comprises both fixed costs and total variable costs and is shown by line TC. Total revenue rises as output and sales are expanded and is depicted by line TR. At low levels of output like Q, total costs exceed total revenues and the supplier makes a loss equal to AB. At high levels of output like Q₂ revenues exceed costs and the supplier makes a profit equal to DE. At output Q₁ total revenues exactly match total costs (at C) and the supplier breaks even.

break-even

the short-run rate of output and sales at which a supplier generates just enough revenue to cover his fixed and variable costs, earning neither a PROFIT nor a LOSS. If the selling price of a product exceeds its unit VARIABLE COST, then each unit of product sold will earn a CONTRIBUTION towards FIXED COSTS and profits. Once sufficient units are being sold so that their total contributions cover the supplier's fixed costs, then the company breaks even. If less than the break-even sales volume is achieved, then total contributions will not meet fixed costs and the supplier will make a loss. If the sales volume achieved exceeds the breakeven volume, total contributions will cover the fixed costs and leave a surplus that constitutes profit.

单词	break-even
释义	break-even break·e·ven or break-e·ven B0466300 (brāk′ē′vən)adj. Marked by or indicating a balance, especially between investment and return.n.1. The point, especially the level of sales of a good or service, at which the return on investment is exactly equal to the amount invested.2. The point at which the energy produced by a system is equal to that put into it, thereby rendering the system self-sustaining. In both senses also called break-even point. break′-e′ven or break′e′ven, adj. of or designating the point at which income, as from sales of a product or service, is exactly equal to expenditure, resulting in neither profit nor loss. [1935–40, Amer.] Translations break-even break-even [brā′kē·vən] (nucleonics) The point at which the energy generated by a controlled nuclear fusion reaction equals the energy required to maintain the reaction. break-even Break Even 1. To make the sales or revenues necessary to cover costs and prevent a firm from operating at a loss. The breakeven may be relatively stable or it may fluctuate, depending on the company or industry. Companies with high breakevens tend to have large fluctuations in earnings from year to year. 2. To sell a security at a price that causes the seller to neither make a profit nor lose money on the sale. Fig. 11 Break-even. A supplier's typical short-run costs and revenues. Fixed costs do not vary with output and so are shown as the horizontal line FC. Total cost comprises both fixed costs and total variable costs and is shown by line TC. Total revenue rises as output and sales are expanded and is depicted by line TR. At low levels of output such as Q total costs exceed total revenues and the supplier makes a loss equal to AB. At high levels of output such as Q₂ revenues exceed costs and the supplier makes a profit equal to DE. At output Q₁ total revenues exactly match total costs (at C) and the supplier breaks even. break-even the short-run rate of output and sales at which a supplier generates just enough revenue to cover his fixed and variable costs, earning neither a PROFIT nor a LOSS. If the selling price of a product exceeds its unit VARIABLE COST then each unit of product sold will earn a CONTRIBUTION towards FIXED COSTS and profits. Once sufficient units are being sold so that their total contributions cover the supplier's fixed costs then the company breaks even. If less than the break-even sales volume is achieved then total contributions will not meet fixed costs and the supplier will make a loss. If the sales volume achieved exceeds the break-even volume, total contributions will cover the fixed costs and leave a surplus which constitutes profit. See Fig. 11. Differences in cost structures can have a significant effect upon companies' break-even points. For example, a company with low levels of automation and so little capital equipment (for example Rolls Royce cars) would have low fixed depreciation costs but high direct labour costs. With high unit direct costs relative to selling prices such a firm would have a low unit contribution but low fixed costs, so would break even at a low sales volume, though profits would climb only slowly beyond the break-even point because of low unit contribution. By contrast, a highly automated plant would have high fixed depreciation costs, but with low unit direct labour costs, would have a higher unit contribution. Firms with such plants (for example Ford) would not break even until a much higher sales volume was achieved, but thereafter profits would increase rapidly with larger unit contributions. See MARGINAL COSTING, PROFIT-VOLUME CHART. Fig. 17 Break-even. A supplier's typical short-run costs and revenues. Fixed costs do not vary with output and so are shown as the horizontal line FC. Total cost comprises both fixed costs and total variable costs and is shown by line TC. Total revenue rises as output and sales are expanded and is depicted by line TR. At low levels of output like Q, total costs exceed total revenues and the supplier makes a loss equal to AB. At high levels of output like Q₂ revenues exceed costs and the supplier makes a profit equal to DE. At output Q₁ total revenues exactly match total costs (at C) and the supplier breaks even. break-even the short-run rate of output and sales at which a supplier generates just enough revenue to cover his fixed and variable costs, earning neither a PROFIT nor a LOSS. If the selling price of a product exceeds its unit VARIABLE COST, then each unit of product sold will earn a CONTRIBUTION towards FIXED COSTS and profits. Once sufficient units are being sold so that their total contributions cover the supplier's fixed costs, then the company breaks even. If less than the break-even sales volume is achieved, then total contributions will not meet fixed costs and the supplier will make a loss. If the sales volume achieved exceeds the breakeven volume, total contributions will cover the fixed costs and leave a surplus that constitutes profit. ThesaurusSeebreak even
随便看	fire control commit fire control computer fire-control computer fire control computer program fire control damper fire control decision aid fire control equipment fire control exercise fire control facility fire-control grid fire control group fire control information fire control instrument fire-control instrument fire control interface software fire controller targeting system fire control loop improvement program fire controlman chief fire controlman, chief, senior fire controlman first class fire controlman, operation fire controlman, range-finder operator fire controlman second class fire controlman, submarine fire controlman third class