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Profit and Loss Statement (P&L)

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.

More terms

Hypothesis Testing

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

Maturity value

What's the maturity value of a bond?

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Capital

Learn what financial capital means

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

LSE

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

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.

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