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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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Account balance

The amount of money a user has stored in a financial repository.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Professional Client

An investor that is able to meet several regulatory criteria.
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SPAC

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