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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

Base rate

What's the base rate?

Clean price

The quoted price of a gilt, which excludes accrued interest

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Income statement

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

Stock Exchange

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

Yield

Income from an investment as a percentage of its current price.

After-hours trading

Trading outside of a stock exchange's opening hours.

Money laundering

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

Zero coupon bonds

What is a zero coupon bond?

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