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.

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Diversification

An investment strategy in which money is put into a variety assets.
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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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Gilt

What is a gilt?
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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S&P 500

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

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

A way of calculating compound returns on an investment or savings over a set period of time.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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