EBITDA: Earnings Before Interest, Taxes, Depreciation and Amortization.It is a word frequently used when companies are trying to assess their true value and just for the purposes of comparing apples to apples.
This measure of earnings is also of interest to a company's creditors, since EBITDA is essentially the income that a company has free for interest payments. Head to InvestorWords.com to read a more elaborate description on EBITDA.
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