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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NYSE

The world's largest stock exchange. Wall St HQ.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Yield curve

A graphical representation of interest rates over time
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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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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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