Income statement

A summary of a company's income and expenses over a set period of time.

A summary of a company's income and expenses over a set period of time.

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Volatility

A measure of how much the prices of an asset or index vary over time.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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