A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and non-operating profit before the deduction of interest and income taxes.
EARNINGS BEFORE INTEREST AND TAXES (E.B.I.T.)
Meaning of EARNINGS BEFORE INTEREST AND TAXES (E.B.I.T.) in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012