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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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Yield

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

A company that pools money together from multiple investors and then invests it.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Gilt

What is a gilt?
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