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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.

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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Venture Capital Trust (VCT)

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

A summary of a company's income and expenses over a set period of time.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Beta

Learn what Beta stands for in finance.
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Hypothesis Testing

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

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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