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Investing Glossary:
Earnings before interest, taxes, and depreciation (EBITD)
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Earnings before interest, taxes, and depreciation (EBITD)
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| Definition: |
| 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 Interest and income taxes. Depreciation expenses are not included in the costs.
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