Definition of "pretax" []

• Existing before tax deductions: pretax income. (adjective)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "The title pretax margin was 11.6%, including realized losses, a 100-basis-point increase over the prior year and essentially flat with the second quarter of this year."
• "Excluding the compensation expense and other items, the New York-based company posted what it calls pretax distribution earnings of $78 million, or 18 cents a share, down 43% from $138 million a year earlier."
• "The higher the return on capital - which he defines as pretax operating profit divided by the sum of net working capital and net fixed assets - the more effectively a company is using its capital to generate profit."