B2💼 Business
Italian word
pareggio
break-even; a draw/tie in sport; balance (of a budget)
Looks like
parity
the state of being equal, especially in pay or status
⚠️ The trap
'Pareggio' in accounting means break-even (revenues = costs). In sport it means a draw. 'Parità' is equality/parity. Do not confuse them in financial reporting.
To say "the state of being equal, especially in pay or status" in Italian:
pareggio (break-even/draw); parità (parity/equality)
"pareggio" in English means:
break-even; a draw/tie in sport; balance (of a budget)
Example
"L'azienda ha raggiunto il pareggio dopo tre anni di perdite."
"The company reached break-even after three years of losses."
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