EBIT stands for Earnings before Interest and Tax, whereas, EBITDA stands for Earnings before Interest, Tax, Depreciation and Amortization. Although, these measures are not the requirement of GAAP (Generally Accepted Accounting Principles), yet, shareholders and other investors use it to assess the value of a company.
1 Access to Original.  Title: Give me liberty, or give me death! Patrick Henry delivering his great speech on the rights of the colonies, before the Virginia Assembly, convened at Richmond, March 23rd 1775, concluding with the above sentiment, which became the war cry of the revolution.
They that can give up essential liberty to obtain a little safety deserve neither liberty nor safety. Benjamin Franklin; stairwell plaque in the Statue of Liberty It's possible that Franklin said this in different ways at earlier times, but so far, the 1755 letter is the earliest source I've found. ~ Jeff Q 04:14, 19 April 2006 (UTC)