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before-tax profit margin
be·fore-tax prof·it mar·gin


noun 
Definition:
 
measure of profitability: a company's profit before tax as a percentage of sales revenue.
U.K. term  pretax profit margin
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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