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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.

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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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Capital

Learn what financial capital means
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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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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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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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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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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