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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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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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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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Gilt

What is a gilt?
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Spot Rate

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

A situation in which a market or industry is controlled by a small group of companies.
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Zero coupon bonds

What is a zero coupon bond?
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