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

Base rate

What's the base rate?

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

Zero coupon bonds

What is a zero coupon bond?

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.

Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.

Ponzi Scheme

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

Profit and Loss Statement (P&L)