Gross national product (GNP)GNP is another way to measure the economy, but also the welfare of British citizens. This is GDP plus the profits, interest and dividends received from British residents abroad and minus those profits, interest and dividends paid from the UK to overseas residents. |
Half yearThis is a term used to describe six months into the financial year when British listed companies must produce profit figures. |
Horizontal mergerWhen two companies within the same industry and at the same stage in production merge together. |
Hostile takeoverThis is a takeover bid of a company that is deemed unacceptable or has unwelcome terms as deemed by the company’s board. |
HyperinflationThis is inflation that is rapid or out of control. It usually only occurs during wars or during severe political instability. |
ImportBuying goods or services from overseas and bringing them into the country. |
Income statementDetermines the net income/profit of a business. An annual summary of both income and expenses. |
Industrial outputThis is an indicator of future economic growth as it is the manufacturing output of the nation. |
InflationThe term used when prices rise. |
Insider tradingThe trading of shares based on knowledge that no one else has. It was made illegal in the UK in 1980. |