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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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Zero coupon bonds

What is a zero coupon bond?
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Gross Margin

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

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

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