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

Learn what a custodian bank is.

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

The amount of money a user has stored in a financial repository.

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Understand what compound interest means and how it's calculated

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

A debt instrument issued by the UK government with a maturity of less than one year.