Means ‘NO LOSS BUT NO GAIN AT ALL’ – in Tagalog/Filipino ‘bawi lang’.
This expression is usually used as a business term that also implies no profit or loss just a returned investment.
The vendors experienced a break-even selling last holiday season.
Means that the vendors may have sold their merchandise without the markup just to get back their invested capital seeing the market is not as responsive as in the past years. They have not earned a profit nor incurred a loss.