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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

Clean price

The quoted price of a gilt, which excludes accrued interest
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Yield

Income from an investment as a percentage of its current price.
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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.
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Maturity value

What's the maturity value of a bond?
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Withholding Tax

A tax deduction made at the source of the payment.
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Ponzi Scheme

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

What is a zero coupon bond?
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