break-even point

[brā′kē·vən ‚pȯint] (industrial engineering) The point at which a company neither makes a profit nor suffers a loss from the operations of the business, and at which total costs are equal to total sales volume.

break-even point

In the process of implementing a new computer language, thepoint at which the language is sufficiently effective that onecan implement the language in itself. That is, for a newlanguage called, hypothetically, FOOGOL, one has reachedbreak-even when one can write a demonstration compiler forFOOGOL in FOOGOL, discard the original implementationlanguage, and thereafter use working versions of FOOGOL todevelop newer ones. This is an important milestone. See My Favourite Toy Language.

[There actually is a language called Foogol].

break-even point

break-e·ven point

(brāk-ē'vĕn poynt) The point in sales volume at which total revenue equals total costs; indicating a balance. Sales volume below the break-even point will cause a negative cash flow (loss); sales volume above the break-even point will result in a profit. This point is calculated to help determine whether a new test, procedure, or service should be offered by a health care provider based on projected sales volume.

break-e·ven point

break-even point

Break-even point

Refers to the price at which a transaction produces neither a gain nor a loss. In the context of options, the term has the additional definitions:
1. Long calls and short uncovered calls: strike price plus premium.
2. Long puts and short uncovered puts: strike price minus premium.
3. Short covered call: purchase price of underlying stock minus premium.
4. Short put covered by short stock: short sale price of underlying stock plus premium.

Break-Even Point

1. 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. The price of a security that, if one sells at it, will cause the investor to neither make a profit nor lose money on the sale.

3. In options, the price of the underlying asset that will ensure that the option holder will neither make a profit nor lose money on exercising the option. In calls, the break-even point is the strike price added to the premium, while in puts, it is the strike price minus the premium.

break-even point

In any project,the point at which revenue will be sufficient to pay all required expenses and debt service. Most industries have generally recognized rules of thumb for the appropriate break-even point. For apartments, it might be 80 percent occupancy, for self-storage it might be 55 percent occupancy,and for business center space it might be 75 percent occupancy.Most construction lenders require that a project at least reach the break-even point before construction lending can be converted to fixed-rate and lower-rate permanent financing.If preparing a pro forma for a project and your break-even point is dramatically different from the rule of thumb for your industry,it may be time to check your assumptions or your math.

单词	break-even point
释义	IdiomsSeebreak even break-even point break-even point [brā′kē·vən ‚pȯint] (industrial engineering) The point at which a company neither makes a profit nor suffers a loss from the operations of the business, and at which total costs are equal to total sales volume. break-even point In the process of implementing a new computer language, thepoint at which the language is sufficiently effective that onecan implement the language in itself. That is, for a newlanguage called, hypothetically, FOOGOL, one has reachedbreak-even when one can write a demonstration compiler forFOOGOL in FOOGOL, discard the original implementationlanguage, and thereafter use working versions of FOOGOL todevelop newer ones. This is an important milestone. See My Favourite Toy Language. [There actually is a language called Foogol]. break-even point break-e·ven point (brāk-ē'vĕn poynt) The point in sales volume at which total revenue equals total costs; indicating a balance. Sales volume below the break-even point will cause a negative cash flow (loss); sales volume above the break-even point will result in a profit. This point is calculated to help determine whether a new test, procedure, or service should be offered by a health care provider based on projected sales volume. break-e·ven point (brāk-ē'vĕn poynt) The point in sales volume at which total revenue equals total costs; indicating a balance. Sales volume below the break-even point will cause a negative cash flow (loss); sales volume above the break-even point will result in a profit. break-even point Break-even point Refers to the price at which a transaction produces neither a gain nor a loss. In the context of options, the term has the additional definitions: 1. Long calls and short uncovered calls: strike price plus premium. 2. Long puts and short uncovered puts: strike price minus premium. 3. Short covered call: purchase price of underlying stock minus premium. 4. Short put covered by short stock: short sale price of underlying stock plus premium. Break-Even Point 1. 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. The price of a security that, if one sells at it, will cause the investor to neither make a profit nor lose money on the sale. 3. In options, the price of the underlying asset that will ensure that the option holder will neither make a profit nor lose money on exercising the option. In calls, the break-even point is the strike price added to the premium, while in puts, it is the strike price minus the premium. break-even point In any project,the point at which revenue will be sufficient to pay all required expenses and debt service. Most industries have generally recognized rules of thumb for the appropriate break-even point. For apartments, it might be 80 percent occupancy, for self-storage it might be 55 percent occupancy,and for business center space it might be 75 percent occupancy.Most construction lenders require that a project at least reach the break-even point before construction lending can be converted to fixed-rate and lower-rate permanent financing.If preparing a pro forma for a project and your break-even point is dramatically different from the rule of thumb for your industry,it may be time to check your assumptions or your math. AcronymsSeeBEP
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