The word "ebit" can be a little confusing because it has two different meanings depending on the context.
EBIT (often written in all capital letters) is an acronym that stands for "Earnings Before Interest and Taxes." It is a financial term used to measure a company's profitability. It tells us how much money a company makes before taking into account interest payments and taxes.
ebit (with a lowercase 'e') refers to a unit of information in computing. It stands for "exbibit," which is a measure of digital information equal to 1024 pebibits or 2^60 bits.
To summarize, "EBIT" is a financial term about a company's earnings, while "ebit" in computing refers to a unit of data storage.