Break-even
Encyclopedia
Break-even is a point where any difference between plus or minus or equivalent changes side.
In economics
& business
, specifically cost accounting
, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even". A profit or a loss has not been made, although opportunity cost
s have been paid, and capital has received the risk-adjusted, expected return.break even point)
Break even Point is desired by all firms who wish to make abnormal profit, over and above all costs. It is shown graphically, at the point where the total revenue and total cost curves meet.
. The financial
method of calculating break-even, called value added break-even analysis, is used to assess the feasibility of a project. This method not only accounts for all costs, it also includes the opportunity costs
of the capital
required to develop a project.
research, the term break-even refers to a fusion energy gain factor
equal to unity, this is also known as the Lawson criterion
.
The notion can also be found in more general phenomena, such as percolation
, and is rather similar to the critical threshold. In energy, the break-even point is the point where usable energy gotten from a process exceeds the input energy.
In computer science
, the (less usual) term refers to a point in the life cycle of a programming language
where the language can be used to code its own compiler
or interpreter
. This is also called self-hosting
.
In music and media it is a song
by the band The Script
.
In medicine
, it is a postulated state when the advances of medicine permit every year an increase of one year or more of the life expectancy of the living, therefore leading to medical immortality (barring accidental death).
In economics
A technique for which identifying the point where the total revenue is just sufficient to cover the total cost. The formula for break even point is fixed costs/fixed expense over contribution per unit.In economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
& business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
, specifically cost accounting
Cost accounting
Cost accounting information is designed for managers. Since managers are taking decisions only for their own organization, there is no need for the information to be comparable to similar information from other organizations...
, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even". A profit or a loss has not been made, although opportunity cost
Opportunity cost
Opportunity cost is the cost of any activity measured in terms of the value of the best alternative that is not chosen . It is the sacrifice related to the second best choice available to someone, or group, who has picked among several mutually exclusive choices. The opportunity cost is also the...
s have been paid, and capital has received the risk-adjusted, expected return.break even point)
Break even Point is desired by all firms who wish to make abnormal profit, over and above all costs. It is shown graphically, at the point where the total revenue and total cost curves meet.
In finance
The accounting method of calculating break-even point does not include cost of working capitalWorking capital
Working capital is a financial metric which represents operating liquidity available to a business, organization or other entity, including governmental entity. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Net working capital is...
. The financial
FINANCIAL
FINANCIAL is the weekly English-language newspaper with offices in Tbilisi, Georgia and Kiev, Ukraine. Published by Intelligence Group LLC, FINANCIAL is focused on opinion leaders and top business decision-makers; It's about world’s largest companies, investing, careers, and small business. It is...
method of calculating break-even, called value added break-even analysis, is used to assess the feasibility of a project. This method not only accounts for all costs, it also includes the opportunity costs
Opportunity cost
Opportunity cost is the cost of any activity measured in terms of the value of the best alternative that is not chosen . It is the sacrifice related to the second best choice available to someone, or group, who has picked among several mutually exclusive choices. The opportunity cost is also the...
of the capital
Financial capital
Financial capital can refer to money used by entrepreneurs and businesses to buy what they need to make their products or provide their services or to that sector of the economy based on its operation, i.e. retail, corporate, investment banking, etc....
required to develop a project.
In other fields
In nuclear fusionNuclear fusion
Nuclear fusion is the process by which two or more atomic nuclei join together, or "fuse", to form a single heavier nucleus. This is usually accompanied by the release or absorption of large quantities of energy...
research, the term break-even refers to a fusion energy gain factor
Fusion energy gain factor
The fusion energy gain factor, usually expressed with the symbol Q, is the ratio of fusion power produced in a nuclear fusion reactor to the power required to maintain the plasma in steady state. The condition of Q = 1 is referred to as breakeven.In a fusion power reactor a plasma must be...
equal to unity, this is also known as the Lawson criterion
Lawson criterion
In nuclear fusion research, the Lawson criterion, first derived on fusion reactors by John D. Lawson in 1955 and published in 1957, is an important general measure of a system that defines the conditions needed for a fusion reactor to reach ignition, that is, that the heating of the plasma by the...
.
The notion can also be found in more general phenomena, such as percolation
Percolation
In physics, chemistry and materials science, percolation concerns the movement and filtering of fluids through porous materials...
, and is rather similar to the critical threshold. In energy, the break-even point is the point where usable energy gotten from a process exceeds the input energy.
In computer science
Computer science
Computer science or computing science is the study of the theoretical foundations of information and computation and of practical techniques for their implementation and application in computer systems...
, the (less usual) term refers to a point in the life cycle of a programming language
Programming language
A programming language is an artificial language designed to communicate instructions to a machine, particularly a computer. Programming languages can be used to create programs that control the behavior of a machine and/or to express algorithms precisely....
where the language can be used to code its own compiler
Compiler
A compiler is a computer program that transforms source code written in a programming language into another computer language...
or interpreter
Interpreter (computing)
In computer science, an interpreter normally means a computer program that executes, i.e. performs, instructions written in a programming language...
. This is also called self-hosting
Self-hosting
The term self-hosting was coined to refer to the use of a computer program as part of the toolchain or operating system that produces new versions of that same program—for example, a compiler that can compile its own source code. Self-hosting software is commonplace on personal computers and larger...
.
In music and media it is a song
Breakeven (song)
"Breakeven" is a song by Irish band The Script, taken from their eponymous debut album.-Music video:...
by the band The Script
The Script (band)
The Script are an Irish alternative rock band from Dublin. Based in London after signing to Sony Label Group imprint Phonogenic, the band released their eponymous debut album in August 2008...
.
In medicine
Medicine
Medicine is the science and art of healing. It encompasses a variety of health care practices evolved to maintain and restore health by the prevention and treatment of illness....
, it is a postulated state when the advances of medicine permit every year an increase of one year or more of the life expectancy of the living, therefore leading to medical immortality (barring accidental death).