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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S&P 500

Find out what is the definition of the S&P 500 index.
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Venture Capital Trust (VCT)

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

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Free Trade

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

A mathematical test used to determine whether a claim is true or false.
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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