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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.

Electronic Benefits Transfer

A system in which a government grants a citizen a card with features like a debit card to dispense public service benefits. For example, most U.S. states use electronic benefits transfer for food stamps. The recipient of food stamps receives a debit card with a certain amount of money pre-programmed into it and the recipient can use it to buy food. Not all establishments accept electronic benefits transfers for payment (just as not all stores accepted actual food stamps), but many do. Electronic benefits transfers are also sometimes used for other welfare programs.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Electronic benefits transfer (EBT).

Electronic benefits transfer, or EBT, is a system through which recipients of certain government benefits receive and spend funds electronically, using a plastic EBT card similar to a bank debit card.

Benefits are deposited electronically into the recipient's program account. The recipient can then use his or her EBT card to make purchases, which are debited from the account.

All states now use EBT in addition to traditional paper coupons to distribute food stamp benefits. Some states also use EBT to disburse benefits for other programs, including the US Department of Agriculture's Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) and the Temporary Assistance to Needy Families (TANF) programs.

There are no fees when recipients use EBT cards for purchases, but fees may apply to cash withdrawals from ATMs or electronic balance inquiries.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
The counter view is that all those who became involved in an EBT did so on the advice of professionals and so had every right to believe it was valid.
From the data (Table-2) we can see the value of stability constant for all of EBT -M complexes increase in non-magnetized water as the atomic number increase, for EBT-Ca complex according to Jeffery et al.,the color of Ca complexes is due to charge transfer from ligand to metals and these complexes are relatively unstable in aqueous solutions [30], also according to Irving-Williams order the stability constant systematically decrease as the atomic number is increase except for Cu2+ (due to jahn teller effect) also the effect of ligand field for transition metals.
Over the last three years, we have experimented with a number of ways to reach EBT cardholders: We have posted paper flyers in low-income neighborhoods, partnered with community-based organizations, trained caseworkers about Fresh EBT, texted participants at food pantries, partnered with human services agencies to hang posters in lobbies, and included postcards about Fresh EBT in direct mailings from human services agencies.
In contrast to the collaborative model, only 40% of patients referred for the colocated EBT attended a first visit (this session was, by design, not an intervention but an assessment) and few completed the full treatment.
"Qatar Airways' and HIA's decision to accept EBTs following a successful trial is a significant step towards the global acceptance of EBTs," IATA's airport, passenger, cargo and security senior vice president Nick Careen said.
Esses dados reforcam nao somente o crescimento dos parques tecnologicos brasileiros, mas tambem demostram a relevancia e a oportunidade de expansao das EBTs de TIC que estao presentes nos Parques Tecnologicos da Regiao Sudeste.
EBT should be performed in the context of a comprehensive, multidisciplinary treatment program including nutritional support, nursing care, behavioral medicine and other components of obesity management.
It is synonymous with supernumerary or ectopic breast tissue (EBT).
The authors suggest that the most likely explanation for this finding is that EBT payments reduced the amount of cash on the streets that could be taken or used for illegal purposes.
By a vote of 17-12, senators last week rejected an amendment that would have required new and reissued cards to include a photo ID, ended benefits for those absent from Massachusetts for more than 30 days as well as those who fail to report a change of address, bar use of the cards for luxury items such as consumer electronics and games, and penalize store owners who knowingly sell prohibited items to EBT card holders.
MINI ABSTRACT: Three emerging risk factors potentially useful in predicting future cardiac events are electron-beam computed tomography (EBT), homocysteine(HCY), and C-reactive Protein (CRP).