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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Unicorn

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

A trading venue operated by the Frankfurt Stock Exchange.
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Profit and Loss Statement (P&L)

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

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.
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ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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