- eAlmanac | A Unique Online Reference Source - http://www.ealmanac.com -

 

50-50

Posted July 17, 2009 @ 5:19 pm In Fifty,Numbers | No Comments

50-50 indicates either an equal chance of winning or getting the correct answer, or of an equal ownership of a business or division of a business’s profits.


How It's Used

"But the deal could have been structured differently. The IGO suggests a 50-50 revenue split over a 20-year term would have generated enough cash to cover the city's budget needs while giving the city more control. (The report also says the deal could have been adjusted so parking rates went up less, but it's pretty clear they were going to go up.)"

—Cecil Adams, "So What's the Bottom Line on this Parking Meter Thing?" The Straight Dope, 16 Jul 09.




Article printed from eAlmanac | A Unique Online Reference Source: http://www.ealmanac.com

URL to article: http://www.ealmanac.com/447/numbers/50-50/

Return to article

Copyright © 2012 eAlmanac. All rights reserved.