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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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Bull market

We explain what a 'bull market' means
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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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Account balance

The amount of money a user has stored in a financial repository.
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