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breakeven point

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

breakeven point

Level of output where costs equal revenue and neither profit nor loss is made.



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the breakeven point with software programs such as this usually arrive fairly quickly.
Remember that the price you come up with must allow you to reach a breakeven point to lessen losses.
This means thaNo Closing Cost Refinance unless the borrower is in the loan longer than the breakeven point of the Closing Costs - $2750 divided by the Monthly Savings - $48 which equals 57 (weeks) or 4.
 
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