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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.

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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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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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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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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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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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