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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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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Capital

Learn what financial capital means
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Gilt

What is a gilt?
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Depository

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Quantitative easing

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

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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