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Income statement

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.

More terms

Custodian bank

Learn what a custodian bank is.

S&P 500

Find out what is the definition of the S&P 500 index.

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

Profit and Loss Statement (P&L)

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

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Volatility

A measure of how much the prices of an asset or index vary over time.

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