What is the definition of a Broadway show’s “Nut”?

When discussing the budget of a Broadway show, a “Nut” is the slang word used to describe a show’s weekly operating budget, or how much it costs to put on that show every week.

Want an example?

Broadway Producer #1:  “How much did YOUR SHOW gross last week?”

Broadway Producer #2:  “$1,000,000!”

Broadway Producer #1:  “What’s the nut?”

Broadway Producer #2:  “It’s only $500,000!”

Broadway Producer #1:  “So $500k in profit?  Congrats!”

Make sense?  Now that you know what it is, I wish you lots of low “nuts” and high grosses like the one in this example!

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