What is the 'Profit and Loss statement (P&L)'? Definition & meaning

More terms

Time Value of Money

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

Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

Collective investment scheme

Learn what's a collective investment scheme

Securities

Bonds and stocks.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

Accrued interest

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

Investment Trust

A company that pools money together from multiple investors and then invests it.

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.

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

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Profit and Loss Statement (P&L)