Meaning of “EBIT” in the English Dictionary

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"EBIT" in Business English

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EBITnoun [ U ]

uk /ˈebɪt/ us ACCOUNTING, FINANCE

abbreviation for Earnings Before Interest and Taxes: a company's profits in a particular period, before taking away interest charges and tax payments:

The EBIT figure more closely reflects the group's cashflow for the half-year.

(Definition of “EBIT” from the Cambridge Business English Dictionary © Cambridge University Press)