What is 'Profit and Loss Statement (P&L)'?

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

More terms

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Fundamentals

The data or information that is likely to impact a company's stock price.

Stock Market

A place where shares of publicly listed companies are traded.

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).

Technical Analysis

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

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

Interest Rate

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

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Profit and Loss Statement (P&L)