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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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Professional Client

An investor that is able to meet several regulatory criteria.
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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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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Holding Period Return

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

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