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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

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Investment Trust

A company that pools money together from multiple investors and then invests it.

Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

Volatility

A measure of how much the prices of an asset or index vary over time.

Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.

Income statement

A summary of a company's income and expenses over a set period of time.

Capital

Learn what financial capital means

Base rate

What's the base rate?

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

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