earnings before interest and tax ˌearnings before ˌinterest and ˈtax abbreviation EBIT noun [plural] ACCOUNTING TAX
a company's profits for a particular period of time, without counting interest payments on its debt and payment of tax:
• Sales rose from A$6.4 billion to A$6.9 billion, with earnings before interest and tax ( EBIT) increasing from A$217 million to A$234 million.
Financial and business terms. 2012.