What is 'Profit and Loss Statement (P&L)'?

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

More terms

Income statement

A summary of a company's income and expenses over a set period of time.

Bond

Learn what a bond is

SPAC

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

Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Collective investment scheme

Learn what's a collective investment scheme

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

American Depository Receipt (ADRs)

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

Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.

Profit and Loss Statement (P&L)