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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Running yield

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

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Yield to maturity

What is yield to maturity and why is it useful?
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.
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