Define: PBIT

How is PBIT defined in a legal contract?

• PBIT means the restricted group's consolidated operating profit during a relevant period, but before tax and excluding certain conditions. Seen in 6 SEC filings
• PBIT means the Group’s profits for a specific period before the deduction of Paid Interest and corporation tax on the income of the Group payable in respect of any financial year. Seen in 4 SEC filings
• PBIT means the consolidated profit of the borrower and its subsidiary undertakings before taxation, interest paid and payable. Unusual credit items are excluded unless specifically agreed by the bank. Seen in 4 SEC filings
• PBIT means profit before interest, fair value changes, taxation, and exceptional items. Seen in 3 SEC filings
• PBIT means consolidated profits from ordinary business activities, before interest payments and taxation of the Company and its Subsidiaries for a specific fiscal year, including profits from acquisitions but excluding certain conditions. Seen in 2 SEC filings
• PBIT means profit from ordinary activities before interest and tax of the company, calculated using the historical cost accounting basis, but adjusted by adding back amortization, depreciation and any other non-cash related charges or expenses. Seen in 2 SEC filings
• PBIT means the Group's consolidated profit for a specific period, including exceptional items but before taxation and total debt costs, excluding certain conditions. Seen in 2 SEC filings
• PBIT means the Group's trading profit for a specified period before the deduction of interest, taxation, and amortization of goodwill and after the deduction of extraordinary and exceptional items. Seen in 2 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of pbit' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• PBIT means the consolidated profit from business activities before interest, taxation, and unusual credit items, for a [specified period].

Relevant Contract Types

• Commercial Leases
• Business Sales Agreements
• Mergers and Acquisitions Agreements
• Shareholder Agreements

Relevant Circumstances

• Profit calculation for tax purposes
• Determining loan eligibility or creditworthiness
• Valuing businesses for investment or acquisition
• Evaluating financial performance for shareholder reports

Relevant Sectors

• Finance & Investment
• Real Estate
• Retail
• Technology

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Genie Definition 2

• PBIT means profit before interest, taxation, fair value changes, extraordinary and exceptional items for a [specified period].

Relevant Contract Types

• Employment Contracts
• Partnership Agreements
• Joint Venture Agreements
• Licensing Agreements

Relevant Circumstances

• Determining bonus payouts tied to company profit
• Calculating royalties in a licensing agreement
• Profit sharing arrangements in partnerships and joint ventures
• Reflecting the financial health of a company in business reports

Relevant Sectors

• Entertainment & Media
• Manufacturing
• Consulting Services
• Healthcare

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