Meaning of “profit before tax” in the English Dictionary


"profit before tax" in Business English

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profit before taxnoun [ C or U ]

uk us abbreviation PBT

ACCOUNTING the profit that a company makes before tax has been paid:

Turnover was down 22% and profit before tax fell 9% to £93.5m.

(Definition of “profit before tax” from the Cambridge Business English Dictionary © Cambridge University Press)