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English definition of “EBIT”

EBIT

noun [U]     /ˈebɪt/ 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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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