EBT Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “EBT” in the English Dictionary

"EBT" in British English

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EBTnoun [U]

uk   us   /ˌiː.biːˈtiː/
abbreviation forelectronicbenefittransfer: a ​system in the US in which the ​government gives ​money to ​poorpeople using a debitcard that they can use to ​buyfood and other things
(Definition of EBT from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"EBT" in Business English

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EBTnoun [C or U]

uk   us  
HR, FINANCE Employee Benefit Trust: a trust (= ​legalarrangement for someone to have ​control over someone else's ​money) set up by an ​employer to ​helpemployees and their families
GOVERNMENT abbreviation for Electronic Benefit Transfer: in the US, a ​method of ​payingcash and ​food benefits (= ​money that the ​government gives to ​people who are ill or ​unemployed): The Department of Human Services ​distributes the ​foodcards, known as EBT ​cards.
(Definition of EBT from the Cambridge Business English Dictionary © Cambridge University Press)
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“EBT” in Business English

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