effective
adjective
  1. actual, as opposed to theoretical

  2. Usage
    a clause effective as from January 1st
    a clause which starts to be applied on January 1st
  3. producing results

    See also cost-effective
    Examples
    • Advertising in the Sunday papers is the most effective way of selling.

    • She is an effective marketing manager.

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Denominated
earnings before interest and tax
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directors report