Break even

Do you know the English expression “to break even“? Read the conversation below. Can you guess the meaning?

Jim: How is your business going?

Ian: It’s OK. We’ll break even this year. So not good, but not bad.

Does it mean

a) make a loss

b) make a profit

c) go bankrupt

d) have no profit or loss

The answer is below!↓

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Answer: d) have no profit or loss