BREAK-EVEN POINT Definition

Bookmark and Share

BREAK-EVEN POINT is the volume point at which revenues and costs are equal; a combination of sales and costs that will yield a no profit/no loss operation.

Learn new Accounting Terms

REASONABLE CERTAINTY is the degree of certainty that would be found to be in existence by a reasonable person.

T/T is a payment or financial transaction designation meaning "Telegraphic Transfer" of funds.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.