What is the meaning of break-even point?

1. The price level at which income equals expense. 2. The expense level at which expense equals income. 3. The market price of a financial instrument that just equals the purchase price plus cost of carry for an investor owning that instrument. 4. The price level of a call option that equals the sum of the exercise price plus the premium paid to acquire the option, or the price level of a put option that equals the exercise price minus the premium.

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APABarry Goldsmith. (2010). break-even point. Retrieved September 22, 2026, from http://smartdefine.org/break-even_point/definitions/1148947
ChicagoBarry Goldsmith. 2010. "break-even point" http://smartdefine.org/break-even_point/definitions/1148947 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, break-even point, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/break-even_point/definitions/1148947>.
MLABarry Goldsmith. "break-even point" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/break-even_point/definitions/1148947>