Ebit meaning in English

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Definition

EBIT (Earnings Before Interest and Taxes): profit before the deduction of interest or tax idiom

Examples

  • "In general, the figures show that we've had kind of a productive and profitable year, and our EBIT indicates that we've actually surpassed our projected earnings by a considerable margin."
  • "Icarus : Uh, well, Mr. Cashman, the EBIT refers to our earnings before interest and taxes."
  • "Cashman : "EBIT"?"
Exercise 1
Icarus mentions an EBIT. What does he say this acronym stands for?

EBIT stands for " before and ".

Hint use ONE word in each box.
Icarus mentions an EBIT. What does he say this acronym stands for?

EBIT stands for "earnings 1 before interest 2 and taxes 3".

Hint use ONE word in each box.
1 earnings: The "E" in "EBIT" stands for "earnings". In its most basic form, "earnings" refer to the income that a company or a person receives, for example: My job is going really well this year, I've doubled my earnings. Icarus says that "EBIT refers to our earnings before interest and taxes."
2 interest: The "I" in "EBIT" stands for "interest". In financial terms, "interest" refers to a fixed charge (usually a percentage) for money borrowed, or a return on money lent, for example: I had to pay a lot of interest on the money I received from the bank to buy my house. Icarus says that "EBIT refers to our earnings before interest and taxes."
3 taxes: The "T" in "EBIT" stands for "taxes". "Taxes" (the plural of "tax") are charges required by the government (in this case) to pay for certain activities, for example: I have to pay a lot of taxes this year, because I earn a lot of money. Icarus says that "EBIT refers to our earnings before interest and taxes."

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