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Health Savings Account (HSA)

Refers to a tax-exempt account that employers can make available to employees to pay for current or future medical expenses. Individuals can also obtain this tax-exempt account from financial institutions. HSA's require individuals to have health coverage under a HSA-qualified high deductible plan.

Earnings Before Interest and Taxes (EBIT)

A measure of a organization's profit that excludes interest and income tax expenses.