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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

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

OEIC

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

S&P 500

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

Ponzi Scheme

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

Income statement

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

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

United States Dollar (USD)

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

After-hours trading

Trading outside of a stock exchange's opening hours.

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

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