What is the 'Key Information Document (KID)'? Definition & meaning

More terms

Income statement

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

Spot Rate

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

Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

Profit and Loss Statement (P&L)

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

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Base rate

What's the base rate?

Key Information Document (KID)