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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 segment's EBIT margin reflected high levels of brand support and the continued roll-out of Nescafé Dolce Gusto, now sold in 24 countries.
At present it is expected that EBIT for the year 2006 will reach the target of ¤ 36m which was set in January of last year.
The survey results compare the multiples of EBIT paid for various sizes and categories of middle-market manufacturers.
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.
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.

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