even money - meaning and definition. What is even money
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What (who) is even money - definition


Even money         
BET THAT CAN LOSE OR WIN THE SAME
Even Money
Even money is a wagering proposition with even odds - the bettor stands to lose or win the same amount of money. Beyond gambling, even money can mean an event whose occurrence is about as likely to occur as not.
even money         
BET THAT CAN LOSE OR WIN THE SAME
Even Money
¦ noun (in betting) odds offering an equal chance of winning or losing, with the amount won being the same as the stake.
Break-even         
  • A simplified cash flow model shows the payback period as the time from the project completion to the breakeven.
POINT OF BALANCE AT WHICH NEITHER A PROFIT NOR A LOSS IS MADE
Break even; Break even point; Breakeven Point; Breakeven; Breaking even; Financial break even point; Broke even; Broke-even
Break-even (or break even), often abbreviated as B/E in finance, (sometimes called point of equilibrium) is the point of balance making neither a profit nor a loss. Any number below the break-even point constitutes a loss while any number above it shows a profit.
Pronunciation examples for even money
1. or even money.
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2. are willing to bet even money that the human race won't be around
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Examples of use of even money
1. Nor was he a shock winner – the bookies made him the even–money favourite.
2. There is even money earmarked for it in the 2008 budget.
3. Sir Menzies was at 8/11 with Ladbrokes while his rival had slipped to even money.
4. "There‘s an even–money prospect of beating DeLay in the general election.
5. The odds on its passage, I‘d guess, are no better than even money.