Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.

The money a firm is left with from sales after subtracting taxes and different business costs.

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More terms

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Accounting standards

The rules a company follows when preparing financial statements.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Junk Bond

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

A graphical representation of interest rates over time
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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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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