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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

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

Synthetic ETFs

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

Money laundering

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

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Arithmetic Mean

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

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.

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.

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