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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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Accounting standards

The rules a company follows when preparing financial statements.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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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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