profit before tax - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “profit before tax”

profit before tax

noun [C or U]
 
 
( 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)
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