NEBT Definition

NEBT is Net Earning Before Taxes.

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BANK RECONCILIATION is the verification of a bank statement balance and the depositor's checkbook balance.

TIGHT MARKET is a market in which the spread, or dif­ference, between the bid and asked price of a security is extremely small. It is usually an indication that there is an abundant supply of the security and it is being actively traded. See THIN MARKET.

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