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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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Zero coupon bonds

What is a zero coupon bond?
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Money laundering

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

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Margin call

Learn what a margin call stands for in financial terms.
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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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Oligopoly

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