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Profit and Loss Statement (P&L)

Profit and Loss Statement (P&L)

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

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

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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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Diversification

An investment strategy in which money is put into a variety assets.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.
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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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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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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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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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