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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Collective investment scheme

Learn what's a collective investment scheme
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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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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Hypothesis Testing

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

The percentage by which an investor outperforms a relevant benchmark.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Bond

Learn what a bond is
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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