Meaning of the word ebit in English

What does ebit mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

ebit

UK

Noun

1.

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

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