The phrase implies neither making money nor suffering a loss, just covering expenses. The shopkeeper managed to break even within the first year, which was encouraging.
Pro Tip 2/3
Not Always Positive
'Break even' contextually may not be a positive outcome, especially if profit was expected. Despite the high attendance, the event could only break even due to unexpected costs.
Pro Tip 3/3
Goal For Startups
In business, reaching the break-even point is a common initial goal for a new company. Many startups aim to break even in their first few years before seeking profit.