Corporate Finance Terminology

noun EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a financial metric used to evaluate a company's operating performance.

• The company reported a strong EBITDA for the fiscal year.
• The EBITDA looks good for this quarter.
• The EBITDA is off the charts!
• The EBITDA is the engine driving the company's financial performance.

noun a liability in the form of a written promise to pay a sum of money owed

• The company's account payable department is responsible for managing all outstanding invoices.
• I need to make sure I pay my account payable on time to avoid any late fees.
• I totally forgot about my account payable, I need to get that sorted out ASAP.
• Keeping up with your account payable is like staying on top of your financial responsibilities.