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break-even point |
Also found in: Financial, Acronyms, Encyclopedia | 0.02 sec. |
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break-even point, n the level of patient visits or net revenues at which the revenues for a period are equal to the expenses incurred in that period. |
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? Mentioned in | ? References in periodicals archive | |
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| Businesses will succeed based on how low their overhead is," says Hamilton, who recommends keeping your break-even point and your expenses low to make managing your cash flow easier. And with passenger volumes on Fly Huron North service never approaching the break-even point, the municipalities elected to terminate Sontair's Cessna service to Toronto's Pearson Airport after one year. The break-even point is when total contribution margin equals total fixed expenses. |
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