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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
However, the sale of the Plastics business unit reduced the EBIT of the METALL ZUG GROUP by CHF 7.1 million.
The EBIT margin in ice cream increased due to efficiencies and the exit from underperforming markets.
The acquisition of Vanguard EMEA has been concluded at an enterprise value of 670 million euros, corresponding to a multiple of 12.7 times the company's estimated 2006 EBIT, before synergies.
At present it is expected that EBIT for the year 2006 will reach the target of ยค 36m which was set in January of last year.
Overall, including the impact of the above factors, Group EBIT in the third quarter declined to EUR 197 million.
The survey results compare the multiples of EBIT paid for various sizes and categories of middle-market manufacturers.

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