What is the 'Profit and Loss statement (P&L)'? Definition & meaning

More terms

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

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.

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.

Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

Venture Capital Trust (VCT)

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

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

Fixed Income

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

Professional Client

An investor that is able to meet several regulatory criteria.

Spot Rate

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

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Profit and Loss Statement (P&L)