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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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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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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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Withholding Tax

A tax deduction made at the source of the payment.
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Bull market

We explain what a 'bull market' means
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Margin call

Learn what a margin call stands for in financial terms.
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