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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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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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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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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