Profit and Loss Statement (P&L)

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

A mathematical test used to determine whether a claim is true or false.

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

The concept that money you have now is more valuable than the same sum in the future.

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

A listed company run by a fund manager, investing mainly in private companies.e.

Find out what is the definition of the S&P 500 index.

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.