Financial Terminology

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

In case you were not aware of the new financial terminology:

EBITDA (formerly stood for Earnings Before Interest Expenses, Taxes, Depreciation and Amortization) - Now stands for "Earnings Before I Tricked Dumb Auditor"

EBIT (Earnings Before Interest and Taxes) - Now stands for "Earnings Before Irregularities and Tampering"

CEO (Chief Executive Officer) - Now stands for "Chief Embezzlement Officer"

CFO (Chief Financial Officer) - Now stands for "Corporate Fraud Officer"

NAV (Net Asset Value) - Now stands for "Normal Andersen Valuation"

EPS (Earnings Per Share) - Now stands for "Eventual Prison Sentence"