Financial New Speak:
term | old eaning | New Speak |
---|---|---|
EBITDA | Earnings Before Interest, Taxes, Depreciation and Amortization | Earnings Before Interest, Taxes, Depreciation and Auditors |
EBIT | --- | Earnings Before Irregularities and Tampering |
CEO | Chief Executive Officer | Chief Embezzlement Officer |
CFO | Chief Financial Officer | Corporate Fraud Officer |
NAV | Net Asset Value | normal Andersen valuation |
FRS | Financial Reporting Standards | Fantasy reporting standards |
P/E | Price Earnings (ratio) | Parole Entitlement |
EPS | Earnings Per Share | Eventual Prison Sentence |
The Wall Street Journal would not have this. :)
[edited per Ben's remark to remove white space]