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What does EBIT mean?

Looking for the meaning or definition of the word EBIT? Here's what it means.

Initialism
  1. (physics) Electron Beam Ion Trap
  2. (accounting, finance) Earnings Before Interest and Taxes.
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Examples
The survey results compare the multiples of EBIT paid for various sizes and categories of middle-market manufacturers.
The aircraft division Bombardier Aerospace recorded EBIT of USD112m for the first quarter, compared with USD55m in last year's first quarter.
In terms of financial performance, we made a conscious decision to let our top line reduce so we could maintain our EBIT margin and bottom line.
Overall, including the impact of the above factors, Group EBIT in the third quarter declined to EUR 197 million.
The segment's EBIT margin reflected high levels of brand support and the continued roll-out of Nescafé Dolce Gusto, now sold in 24 countries.
We track EBIT because we believe it makes it easier to compare our performance with previous periods, and with companies and industries that do not have the same capital structure or tax laws.

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