break even

Its break-even oil price sits at U.S.

European soccer authorities no longer let clubs spend money with total abandon and holds them to strict break-even rules.

Chambers: Most of my companies are approaching break-even now.

But if investors expect debasement, it is very odd that the bond market’s best guess at long-run inflation—the so-called break-even inflation rate for the five years starting in five years’ time—is basically unchanged, and close to the Fed’s 2% target.

But the International Monetary Fund estimates the kingdom’s fiscal break-even oil price is $92 a barrel, meaning Saudi Arabia needs to sell oil at that level or higher to bring its fiscal deficit down to zero.