Acronym for earnings before income taxes. American Banker Glossary
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A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest and income taxes. Bloomberg Financial Dictionary
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EBIT EBIT ACCOUNTING
abbreviation for earnings before interest and tax
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Earnings Before Interest and Tax.
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EBIT UK US /ˈebɪt/ noun [U] 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.
Financial and business terms. 2012.