| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,898,323,851 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Earnings Before Taxes |
Also found in: Dictionary/thesaurus, Wikipedia | 0.01 sec. |
|
|
Earnings before taxes (EBT) 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 income taxes. Earnings Before Taxes A measure of a company's ability to produce income on its operations in a given year. It is calculated as the company's revenue less its expenses (such as overhead), but not subtracting its tax liability. EBIT represents cash available to pay off creditors in the event of liquidation, and, as such, it is closely watched, especially when comparing companies in jurisdictions with different tax laws. However, it is not as common a measure as earnings before interest and taxes.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|