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EBITDA
In accounting and finance, EBITDA «ee-bid-dah» stands for "Earnings before Interest, Taxes, Depreciation and Amortization" (sometimes named OIBDA for "Operating Income before Depreciation and Amortization). Which, as the name suggests, is earnings excluding expenses from depreciation, amortization, interest and taxes (earnings + ITDA), in the order they usually appear on the income statement, up to down. It's the operating income with expenses for depreciation and amortization backed out. In lay terms, EBITDA is called "Earnings, before all the bad stuff."
Source
See: Wikipedia
