Break-Even Time (BET) Definition
Break-even time (BET) can be defined as Capital budgeting method that measures the time taken from the start of a project (the initial idea date) to when the cumulative the present value of the cash inflows of a project to equal the present value of the total cash outflows.
About the Author
True Tamplin, BSc, CEPF®
True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.
True is a Certified Educator in Personal Finance (CEPF®), a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.