E.B.I.T.D.A. stands for earnings before interest, taxes, depreciation, and amortization.

If a company has a large amount of assets which are subject to depreciacion, or it has big amount of bought assets to amortize, the EBITDA gives a more realistic value of real earnings.

This is of interest for both comparing companies in the same industry sector and of different industries.

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Learning Languages

Do you what to learn languages online? I found this (and it's free!):

Beginners' online courses:
Enjoyable introductions to Spanish, French, German, Italian, Greek, Portuguese & Chinese

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Check your level: French, Spanish, German, Italian

Some more links about languages here: http://www.vitaglione.it/giosue/lang/


The Peace Symbol

Where the Peace symbol comes from?
You can find on the Web many historical analisys and argumentations about this, from religious to satanic, politics or mason ones.

The most reasonable and widely accepted version is that it comes from the movement against Nuclear War. The symbol was created by Gerald Holtom in the 1958, as symbol for the Campaign for Nuclear Disarmament (CND), which president was Bertrand Russell.

It represents te two letters 'N' and 'D' (Nuclear Disarmament) in the Naval code of Semaphore:



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