Meaning of the word "break even" in English

What does "break even" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

break even

US /breɪk ˈiː.vən/
UK /breɪk ˈiː.vən/
"break even" picture

Verb

to reach a point in a business or game where the gains are equal to the losses; to neither make a profit nor suffer a loss

Example:
After months of losses, the company finally managed to break even this quarter.
We need to sell at least 100 units to break even on this project.