《金融专业英语》
金融专业英语阅读(答案)
金融专业英语阅读（答案）Chapter OneMonetary Policy(货币政策) …………………………………Chapter TwoForeign Exchange Risk andWhy It Should Be Managed(外汇风险和进行外汇管理的原因)………………………………………Chapter ThreeTools and Techniques forThe Management of Foreign Exchange Risk(控制外汇风险的工具和方法) …………………………………Chapter FourU.S. Foreign ExchangeIntervention(美国对外汇交易的干预) …………………………………Chapter FiveHistory of Accounting(会计的历史起源) …………………………………Chapter SixAccounting and Bookkeeping(会计和簿记) …………………………………Chapter SevenFinancial Markets and Intermediaries(金融市场和中间业务) …………………………………Chapter EightHistory of Insurance(保险的历史起源) …………………………………Chapter NineInsurance Policy(保险单) …………………………………Chapter TenBank for International Settlements(国际清算银行) …………………………………Chapter ElevenCommercial Bank Lending(商业银行借贷) …………………………………Chapter TwelveCredit Analysis(信贷分析) …………………………………Chapter ThirteenWhat Kind of Mortgage Loan Should You Get?(何种抵押贷款更适合你？) …………………………………Chapter FourteenMutual Fund(共同基金) …………………………………Chapter FifteenBonds(债券) …………………………………Chapter SixteenOptions(期权) …………………………………Chapter OneMonetary Policy货币政策Answers:Multiple choices1.D2.B3.C4.C5.ATrue or False1.F2.T3.F4.T5.F6.TRead the following text and choose the best sentences for A to E below to fill in each of the gaps in text1. E2. B3. D4. A5. CCloseEmployment, demand, fiscal policy tools, monetary policy, central bank, interest rates, "stable" prices, inflation, "federal funds" rate, open market operationsTranslation:Translate the following passage into Chinese1.紧缩性货币政策和扩张性货币政策都涉及到改变一个国家的货币供应量水平。
金融专业英语chapter 2-retail bank-bank account
note
• ATM 自动取款机
( Automated teller machines)
• POS 销售终端 （Point of Sale）
Note
• EFTPOS 销售点电子转帐系统 （Electronic Funds Transfer at the Point of Sale） • 消费者能够使用自动提款卡在销售点付款。 消费者也可透过EFTPOS 系统使用 NETS CashBack服务，轻易地在零售商店提领现 金。
Supervisory Bodies
• China Banking Regulatory Commission (CBRC) 中国银行业监督管理委员会-银监会 • China Securities Regulatory Commission (CSRC) 中国证券监督管理委员会-证监会 • China Insurance Regulatory Commission (CIRC) 中国保险监督管理委员会-保监会
Note
• Don’t leave your money in a piggy bank or under your mattress.
• Piggy bank You should take that money out of your piggy bank and make a savings account.
2
国有商业银行
The establishment of four specialized banks -- the Industrial and Commercial Bank of China (ICBC) -- the Agricultural Bank of China (ABC) -- the Bank of China (BOC) -- the China Construction Bank (CCB) four state-owned commercial banks vs joint equity commercial banks
《金融专业英语》习题答案
Chapter One Functions of Financial Markets 一．Translate the following sentences into Chinese.1.China’s banking industry is now supervised by the PBC and CBRC. In addition, the MOFis in charge of financial accounting and taxation part of banking regulation and management.目前中国银行业主要由中国人民银行和银监会进行监管。
此外，财政部负责银行业监管的财务会计及税收方面。
2.Currently Chinese fund management companies are engaged in the following business:securities investment fund, entrusted asset management, investment consultancy, management of national social security funds, enterprise pension funds and QDII businesses.目前中国的基金管理公司主要从事以下业务：证券投资基金业务、受托资产管理业务、投资咨询业务、社保基金管理业务、企业年金管理业务和合格境内机构投资者业务等。
3.China's economy had 10% growth rate in the years before the world financial crisisof 2008. That economic expansion resulted from big trade surpluses and full investment.Now China is seeking to move away from that growth model. The country is working to balance exports with demand at home.在2008年世界经济危机之前的那些年，中国经济增长速度曾达到10%。
金融专业英语名解五篇
金融专业英语名解五篇第一篇：金融专业英语名解（二）Explanation（名词解释）1.Primary markets：facilitate the issuance of new securities.The issuance of new corporate stock or new treasury securities is a primary market transaction.2.Secondary markets：facilitate the trading of existing securities.The sale of existing corporate stock or treasury security holdings by any business or individual is a secondary market transaction.3.Stock：Stocks(also referred to as equity securities)are certificates representing partial ownership in the corporations that issued them.mercial paper ：Commercial paper is a short-term debt instrument issued only by well-known creditworthy firms and is typically unsecured.5.Money market：Money markets are used to facilitate the transfer of short-term funds from individuals, corporations, or governments with excess funds to those with deficient funds.6.Repurchase agreements：Repo refers that one party sells securities to another with an agreement to repurchase the securities at a specified date and price.不确定7.Banker’s acceptances： A banker’s acceptances indicates that a bank accepts responsibility for a future payment.They are commonly used for international trade transactions.8.Euro-commercial paper：未找到9.Stripped treasury bonds：The cash flows of bonds are commonlytransformed(转化)by securities firms so that one security represents the principal payment only while a second security represents the interest payments10.Initial public offering ：An initial public offering is a first-time of shares by a specific firm to the public.As a privately held firm expands, it may need more funds than it can obtain through borrowing and therefore will consider an IPO.11.Secondary stock offerings ：A secondary stock offering is a new stock offering by a specific firm whose stock is already publicly traded.12.Put option：A put option grants the owner the right to sell…(看跌期权)13.Initial margin ：14.Bond index futures ：A bond index futures contract allows for the buying and selling of a bond index for a specified price at a specifies date.15.Exercise price of option ：is the price at which financial instrument can be bought or sold in the future.16.American option：The option which can be exercised on or before the maturity date is called American option17.Market-makers：can execute stock option transactions for customers, but they also trade stock options for their own account.18.Loanable funds theory ：The Loanable Funds theory, commonly used to explain interest rate movements, suggests that the market interest rate is determined by the factors that control the supply of and demand for loanable funds.19.Dynamic open market operation：20.Derivative securities ：securities are financial contracts whose values are derived from the values of underlying assets(such as debt securities or equity securities).第二篇：金融专业英语金融专业英语1、Financial System见photo1和photo2，监管机构要把一行三会、发改委、财政部、外管局、统计局的全称写上，其他三个部分也要写全称。
金融专业英语-中央银行-Central Bank
Part Two
Banking Industry in China
Contents
4
5
6
Central Bank—PBC
Commercial Banks
Hale Waihona Puke Supervision of Banking
4 Central
Chapter Bank—PBC
Chapter 4 Central Bank—PBC
➢ Ln order to strengthen financial supervision as well as to enhance the independence of the Central Bank in formulating and implementing the monetary policy*, China established the China Banking Regulatory Commission (CBRC) in April, 2003 as a special watchdog* for the banking industry.
4.1.3 Reform the Current Financial Structure
➢ The instruments of monetary policy are: statutory reserved rate of deposit, loan of central bank, official re-discount rate, open market operations, foreign exchange operations of central bank, loan restricted volume, deposit and loan rates of central bank.
金融专业英语词汇大全
金融专业英语词汇大全一、基本金融术语1. 金融（Finance）：指货币的筹集、分配和管理活动。
2. 银行（Bank）：提供存款、贷款、支付结算等金融服务的机构。
3. 证券（Securities）：代表财产所有权或债权的凭证，如股票、债券等。
4. 投资（Investment）：将资金投入到某个项目或资产，以获取收益的行为。
5. 债务（Debt）：借款人向债权人承诺在一定期限内偿还本息的义务。
6. 股票（Stock）：股份有限公司发行的，代表股东对公司所有权和收益分配权的凭证。
7. 债券（Bond）：债务人向债权人发行的，承诺按一定利率支付利息并在到期日偿还本金的债务凭证。
8. 利率（Interest Rate）：资金的价格，反映资金借贷的成本。
9. 汇率（Exchange Rate）：一种货币兑换另一种货币的比率。
10. 通货膨胀（Inflation）：货币购买力下降，物价普遍持续上涨的现象。
二、金融衍生品词汇1. 金融衍生品（Financial Derivatives）：基于现货金融工具派生出来的新型金融工具。
2. 期货（Futures）：双方约定在未来某一时间、按约定的价格买卖某种标的物的合约。
3. 期权（Options）：买卖双方在未来一定期限内，按约定价格买入或卖出某种标的物的权利。
4. 掉期（Swap）：双方约定在未来某一时间，相互交换一系列现金流的合约。
5. 远期合约（Forward Contract）：双方约定在未来某一时间、按约定的价格买卖某种标的物的合约。
三、金融机构及监管部门词汇1. 中央银行（Central Bank）：国家金融政策制定和执行的机构，如中国人民银行。
2. 商业银行（Commercial Bank）：以盈利为目的，提供存款、贷款、支付结算等金融服务的银行。
3. 证券公司（Securities Company）：从事证券经纪、投资咨询、资产管理等业务的金融机构。
金融专业英语
True or false:1.Those financial markets that facilitate the flow of short-term funds are known asmoney markets. (t)2.Those financial markets that facilitate the flow of long-term funds are known ascapital markets. (t)3.Treasury notes and bonds belong to money market securities. (f)4.Eurodollar deposits are capital market securities. (f)5.Speculation is the same as investment. (f)6.Indirect quotation refers that domestic currency is expressed by unit foreigncurrency (f)7.If economic conditions become more favorable, the expected cash flows onvarious proposed projects will increase. (t)8.If the Fed determines that a change in its monetary policy is appropriate, itsdecision is forwarded to the trading desk. (t)9.The Federal Reserve chairman serves for a 14-year term. (f)10.M1 includes currency, checking deposits and MMDA. (f)True or false:真或假：1. Those financial markets that facilitate the flow of short-term funds are known as money markets. (true)1。
金融专业英语第二版课后答案
金融专业英语第二版课后答案1、During the Spring Festival, people in Northern China usually eat _______ as a traditional Chinese food. [单选题] *A. pizzaB. dumplings(正确答案)C. hamburgersD. noodles2、The plane arrived at London airport _______ Wednesday morning. [单选题] *A. on(正确答案)B. atC. inD. for3、The little girl held _____ in her hand. [单选题] *A. five breadsB. five piece of breadsC. five piece of breadD. five pieces of bread(正确答案)4、Many people prefer the bowls made of steel to the _____ made of plastic. [单选题] *A. itB. ones(正确答案)C. oneD. them5、You have been sitting on my hat and now it is badly out of（）. [单选题] *A. dateB. shape(正确答案)C. orderD. balance6、You cannot see the doctor _____ you have made an appointment with him. [单选题] *A. exceptB.evenC. howeverD.unless(正确答案)7、There are trees on both sides of the broad street. [单选题] *A. 干净的B. 狭窄的C. 宽阔的(正确答案)D. 宁静的8、One effective（）of learning a foreign language is to study the language in its cultural context. [单选题] *A. approach(正确答案)B. wayC. mannerD. road9、62．--There is? ? ? ? ? sale on in the shop today. Let’s go together.--Please wait? ? ? ? ? ?minute. I’ll finish my homework first. [单选题] *A．a; theB．a; a(正确答案)C．the; aD．the; the10、We sent our children to school to prepare them for the time _____ they will have to work for themselves. [单选题] *A. thatB. when(正确答案)C. whileD. as11、We have ______ homework today. （）[单选题] *A. too manyB. too much(正确答案)C. much tooD. very much12、My English teacher has given us some _______ on how to study English well. [单选题] *A. storiesB. suggestions(正确答案)C. messagesD. practice13、31．That's ______ interesting football game. We are all excited. [单选题] *A．aB．an(正确答案)C．theD．/14、( )Keep quiet, please. It’s ________ noisy here. [单选题] *A. many tooB. too manyC. too muchD. much too(正确答案)15、—Look at those purple gloves! Are they ______, Mary?—No, they aren’t. ______ are pink. （）[单选题] *A. you; IB. your; MyC. yours; Mine(正确答案)D. you; Me16、The twins _______ us something about their country. [单选题] *A. told(正确答案)B. saidC. talkedD. spoke17、Neither she nor her friends ______ been to Haikou. [单选题] *A. have(正确答案)B. hasC. hadD. having18、I often _______ music from the Internet. [单选题] *A. download(正确答案)B. spendC. saveD. read19、It is reported（）three people were badly injured in the traffic accident. [单选题] *A. whichB. that(正确答案)C.whileD.what20、Everyone here is _______ to me. [单选题] *A. happyB. wellC. kind(正确答案)D. glad21、His mother’s _______ was a great blow to him. [单选题] *A. diedB. deadC. death(正确答案)D. die22、Grandpa pointed to the hospital and said, “That’s _______ I was born?”[单选题] *A. whenB. howC. whyD. where(正确答案)23、45．—Let's make a cake ________ our mother ________ Mother's Day.—Good idea. [单选题] *A．with; forB．for; on(正确答案)C．to; onD．for; in24、69．Online shopping is easy, but ________ in the supermarket usually ________ a lot of time. [单选题] *A．shop; takesB．shopping; takeC．shop; takeD．shopping; takes(正确答案)25、80．Thousands of ________ from other countries visit the village every year. [单选题] *A．robotsB．postcardsC．tourists(正确答案)D．bridges26、Chinese people spend _____ money on travelling today as they did ten years ago. [单选题] *A. more than twiceB. as twice muchC. twice as much(正确答案)D. twice more than27、How beautiful the flowers are! Let’s take some _______. [单选题] *A. photos(正确答案)B. potatoesC. paintingsD. tomatoes28、Don’t ______. He is OK. [单选题] *A. worriedB. worry(正确答案)C. worried aboutD. worry about29、His father always _______ by subway. [单选题] *A. go to workB. go to schoolC. goes to bedD. goes to work(正确答案)30、____ is standing at the corner of the street. [单选题] *A. A policeB. The policeC. PoliceD. A policeman(正确答案)。
金融专业英语 PPT课件
金融专业英语
1
整体概况
概况一
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概况二
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概况三
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Part Ⅰ Financial Markets
Chapter 1 Functions of Financial Markets Chapter 2 Money Markets Chapter 3 Capital Markets Chapter 4 Foreign Exchange Markets
3
Chapter 1 Functions of Financial Markets
▪ 1.1 Significance
▪ The word “finance” signifies capital in monetary form, that is, in the form of funds lent or borrowed, normally for capital purposes, through financial markets or financial institutions. When finance goes international, it is then an international finance.
金融专业英语(第二版)课件：Structured Finance
MBS的结构化拆分——“部分”or“分层”（即tranche）
MBS发行者从银行和金融公司购买了大量按揭贷款后，形成资产池，
并以资产池未来现金流来偿还投资者利息和本金。由于对同一MBS的投资
者中有人担忧按揭贷款被提前偿还，而另一部分希望尽可能早收回投资的
投资者却面临延长风险。因此发行人把MBS分为不同的“部分(tranche)”，
每个TRANCHE代表了对同一MBS 按揭池产生的现金流的不同级别的权利。
售给SPV，自留B类债权（因为这类债权不容易卖出好价钱），然后
SPV将这些贷款证券化出售给投资者。通过这种方式，可以将风险资
产转出资产负债表进而规避监管要求，如果是资信良好的大银行这样
做，甚至可以赚取利润。
CDO根据其标的资产的不同，可以分为CBO（以bond，市场流通
的债券为标的），和CLO（以loan,银行贷款为标的资产）两种类型。
性)
spectacular [spek'tæ kjələ(r) ] n. 奇观, 壮观; 豪华巨片; 展览物; 豪华电视片 adj. 壮观的; 引人注目的; 壮丽的; 惊人的 例句：The goalkeeper made a spectacular dive to save the
goal. 守门员一个极为精彩的鱼跃扑住了那个射门。
例如，一个CMO(Collateralized Mortgage Obligations指将房地产抵押贷
金融学专业专业英语
金融学专业专业英语一．专业词汇（150个）1. active securities热头股票2. corporate bonds公司债券3．retained earnings 未分配盈利4．time horizon投资期5.currency swap 货币掉期6.additional insurance 附加保险7.amount in words大写金额8.beneficiary payee受款人9.trade deficit 贸易逆差10. maximum limit of overdraft 透支额度11.bonds 债券，债票12.bonus share 红股13.discount rate 折扣率；贴现率mercial loan 商业贷款15.default fine 违约罚金16.across the board 全盘的17.bubble economy 泡沫经济18.bull market 牛市19.dividend 股息;分红20.active capital 活动资本21.savings accounts 储蓄存款帐户22.credit balance 贷方余额23.loan amount 贷款额24.cheque drawer 支票出票人25.credit cards 信用卡26.credit agreement 信贷协定27.reserve ratio 存款准备金比率28.issue bank 发行银行29.savings deposit 储蓄存款30.fixed deposit (=time deposit) 定期存款31.demand-deposit or checking-accounts 活期存款32. cash register 现金登记机，现金收入记录机，收银机33. dual trading 双重交易34. dumping 抛售35. financial world 金融界36. financial transaction 金融业务37.financial statement analysis 财务报表分析38. financial risk 金融风险39. financial lease 金融租赁40. electronic debts 电子借贷41.fundamental insurance 基本险42. future 期货43.futures commission merchants 期货经纪公司44.futures contract 期货合约45.futures delivery 期货交割46.futures margin 期货保证金47.futures market 期货市场48.futures price 期货价格49.futures transaction 期货交易50. cash receipts (CR) 现金收入51. cash receipts journal 现金收入日记帐52.cash records 现金记录53.cash ratio 现金比率54. draw 提款55. draw cheque 签发票据56. easy credit 放松信贷57.online-finance 在线金融58.online client （银行的）网上客户59.paper profit 帐面收益60.physical assets 有形资产61.project fund system 项目资本金制度62.share(stock) option 期权，股票认购权63. money-market 短期资本市场64. switch trade 转手贸易65. virtual bank 虚拟银行66. pension fund 养老基金67. venture-capital 风险资本ernment bond 政府债券69. shareholder 股东70. cook the book 做假帐71.regulatory system 监管体系72. audit 审计73. accounting firm 会计事务所74.Great Depression 大萧条75. recapitalize 资产重组76. automatic transfers between accounts 自动转帐77. balance 结余，差额，平衡78.bank balance 存款余额79.insurance contract 保險契約，保險合同80.insurance salesman 保險外勤81.insurance services 保險業務82.insure against fire 保火險83.appointed bank 外汇指定银行84.appreciation of exchange rate 汇率升值85.arbitrage 套利86.arbitrage of exchange 套汇87.arbitrage opportunity 套价机会88.arbitrage risks 套汇风险89.aftermarket 次级市场90.Interbank market 银行同业市场91.interest rate futures contract 利率期货合约92.interest rate policy 利率政策93.interest rate position 利率头寸94.interest rate risk 利率风险95.interest restriction 利息限制96.interest subsidy 利息补贴97.Industry and Commercial Bank 工商银行98.Swiss Bank Corporation 瑞士银行99.Standard Chartered bank 渣打银行100.Agricultural Bank of China 农业银行101.National City Bank of New York 花旗银行102.Hong Kong and Shanghai Banking Corp 汇丰银行103.foreign exchange crisis 外汇危机104.foreign exchange cushion 外汇缓冲105.foreign exchange dumping 外汇倾销106.foreign exchange earnings 外汇收入107.foreign exchange liabilities 外汇负债108.foreign exchange loans 外汇贷款109.foreign exchange parity 外汇平价110.foreign exchange quotations 外汇行情111.foreign exchange regulations 外汇条例112.foreign exchange reserves 外汇储备113.foreign exchange restrictions 外汇限制114.income in kind 实物所得115.income tax liabilities 所得稅債務116.income taxes 所得稅117.indemnity 賠償，補償118.indirect arbitrage 間接套匯119.insurance broker 保險經紀人120.insured 被保險人121.reserve 储备122.note 票据123.discount贴现124.circulate流通125.central bank 中央银行126.credit union 信用合作社127.paper currency 纸币128.credit creation 信用创造129.branch banking 银行分行制130.out of circulation 退出流通131.capital stock股本132.the gold standard金本位133.deficit 亏损134.default不履约135.auction拍卖136.collateralize担保137.markup价格的涨幅138.dealer交易员139.broker经纪人140.face amount面值141.floating-rate 浮动比率142.premium升水143.discount贴水144.deficit赤字145. funds statement 资金表146.capital movements资本流动147.foreign exchange dealings外汇交易148.balance of payment国际收支149.forward rate远期汇率150.cross rate交叉汇率二、专业英语句子翻译（20句）：1.The more profitable the company is, the easier to raise funds for the buyout.公司越有投资价值，越容易筹款收购。
金融专业英语及翻译
金融专业英语及翻译Inverse 颠倒的；倒数的Evil is the inverse of good.Reverse 反过去，翻转He reversed the car.他倒车.教育类素质教育 education for all-round development应试教育 the examination-oriented education义务教育 compulsory education片面追求升学率 place undue emphasis on the proportion of students' entering school of a higher level高分低能 good scores but low qualities扩招 expand enrollment教书育人 impart knowledge and educate people因材施教 teach students according to their aptitude提高身心素质 improve the health and psychological quality大先生创业 the university students' innovative undertaking社会实际 social practice文凭 diplomas and certificates复合型人才 interdisciplinary talents文明底蕴 the rich cultural deposits顺应社会的改动 adjust to the social changes满足社会的急需 meet the urgent needs the society任务类人才活动和双向选择 talent flow and a dual-way selection试用期 probationary period跳槽 job-hopping自在职业 freelance work拜金主义 money worship取得名利 achieve fame and wealth充沛发扬团体的潜力 develop fully one's potential and creativity任务出色 excel in one's work社会和团体的尊重 social and personal esteem生计效果 a bread and butter issue人才交流 talents exchange培育人才 cultivate talents人才外流 brain drain失业效果 unemployment problems下岗职工 the laid-off workers自谋生路 be self-employed休息力充足 shortage of manpower医药卫生类卫生环境 sanitary environment营养不良 malnutrition杀虫剂 pesticide传染病 infectious disease呼吸疾病 respiratory disease商业类冒充伪劣 forged and fake commodities物美价廉 goods with high qualities low price售后效劳 after-sale service家用电器 household electrical appliances旺季 during peak selling seasons促销 promote sales提高购置力 raise the purchasing power抚慰购物欲 stimulate the desire to buy超前消费 premature consumption国有企业 state-owned enterprise公家企业 private enterprise偷税漏税 tax evasion坚持时常良好的次第 keep market in good order垄断市场 monopolize the market社会品德类遵守私德 comply with public morality物质和肉体文明树立 material and ideological progress违法 observe/obey the law遵守交规 observe traffic regulations改良社会习尚 improve public morals违法 offend against the law侵犯团体隐私 invasion of privacy违犯公共规章 break/violate public regulations扰乱治安 disturb the social order要求索赔 claim compensation应该受法律严惩 deserve to be punished heavily by the law环保类生态系统 ecosystem环保看法 environmental awareness生态失衡 disruption of ecological balance全球变暖 global warming温室效应 greenhouse effect沙尘暴 sand/dust storms海水资源充足 shortage of fresh waterdownsizing减员**streamline精简**on the job/in-service在职**disposable一次性**think tank智囊团**round the clock service全天候效劳**(free) convertibility〔自在〕兑换**find a sugar daddy傍大款**Nordic北欧**non-renewable不可再生**out and out彻头彻尾**deadlock僵局**tertiary industry第三产业**fair (market) value市值**refund退款**axis-of-evil罪恶轴心**(nuclear) nonproliferation核不分散**holistic全体的**one-off一次性〔处置〕的；一揽子的**turnkey总承包的；现成可运用的**in-house自有的；〔in-house finance company) **round-up汇总？**overseas returnee海归**framework accord框架协议**WTO accession参与WTO**non-exclusive license非公用特许**royalty free无版权费的**sublicense转授权；转发容许证**creature comforts衣食**recapitalization资产重组**RPI〔Retail Price Index〕批发物价指数**overriding concern高于一切的思索**Lanyard系索**copyright著作权**royalty版权**compliance合规性**extension展期**co-lead underwriter副主承销商**Advisory Board咨询委员会**Board of Councillors理事会**entrepreneur创业者**upmarket高端的**attorney general首席检察官**upscale高端的**clientele客户群**self starter白手起家人**down round筹资首轮**mass market vs. submarket总的市场/次级市场〔比如依据某个规范分的客户群〕**letter/power of attorney委任书**market clout市场影响〔？〕**rehaul (a business)重组；**sell-back (与buy-out相对〕**monograph专题〔论述〕**verbatim逐字逐句的说法〔比如销售〝定式〞用语〕**Liquidity Trap活动性圈套〔宁愿把资金寄存于银行拿取零利息的报答，也不愿再投资赔了〕**many a little makes a mickle集腋成裘**reservist后备兵**at eleventh hours关键时辰**misnomer用词不当**payoff收益**outperform超越**bailout处置；救援〔for instance, the bailout from IMF for South Korea and other SE Asian countries after financial crisis)**honor of N/R (notes receivable)/dishonor到期兑现**political cronies政府人员办的关联企业**value-based pricing价值导向定价法〔区别于cost-based pricing，指能为客户带来多少价值来确定价钱，而不是消耗了多少本钱，比如飞机票)**clearinghouse like exchange〔交流场所〕**value of synergy企业兼并之后带来的利益**post-investment values〔留意post的用法〕**techie做技术的人〔与salesman相对〕**on-target专注于最终目的的**optimum最适宜的**overhead还有一个意思是〝投影〞，相似powerpoint**in line与预期相符的**YTD (year-to-date)从Jan 1到目前的时间**scorched earth焦土政策**economies of scope范围经济〔与economies of scale相比〕**toehold小支点，终点**industry observer行业观察家**networking商业构建公家关系网**conference backdrop会议背景幕**trade-up晋级**ease of maintenance/repair维修的容易度**cap〔金额〕最高限制；upper limit**lifetime〔债券等的〕存期**double dip recession二次萧条〔特指本次美国经济泡沫破灭后，还将面临的进一步衰退〕**fringe benefits附加福利〔除国度规则外的〕**annual leave年假**call to order宣布休会；要求遵守次第**second the motion附议**motion carried动议经过**window dressing粉饰**end-state最终形状**scrap废品〔与rework相对〕**disagrregate分解**solidity可*性**MIS (management information system)管理信息系统**in due course稍后**7-11便利店**numerator/denominator分子/分母**winding-up结算；停业**subsidiary/member companies下属公司**coach大客车OEM/aftermarket parts汽车业的前/后配件**assembly plant汽车整车厂**elevated rail轻轨**honorary声誉**deputy magistrate副区长〔虹口〕**size up估量**offer .. Advancement over比。
金融专业英语-Money and Economics-金钱和经济-Money-金钱
Section 1.1 What is Money?
History of money
Meaning of Money
What is Money
Section 1.1 What is Money?
If you can actually count your money, then you are not really a rich man. -J. Paul Getty
the theoretical approach and the empirical approach
Section 1.4 Measuring Money Theoretical and Empirical Definition of Money
The federal reserve’s monetary aggregates
" Whether money is shells, or rocks, or gold, or paper, it has four primary functions in any economy: as a medium of exchange, a unit of account, a store of value, and a standard of deferred payment. Of the four functions, its function as a medium of exchange is what distinguishes money from other assets such as stocks, bonds, and houses.”
金融专业英语-Securities-证券
金融专业Part ThreeFinancial Instruments and Foreign Exchange英语789SecuritiesForeign Exchange Futures & OptionsContentsSecurities7Chapter章节结构Key Topics （关键点）2Text （阅读课文）3Notes （课文注释）4Exercises （课后练习）51Learning Objectives（学习目标）6Additional Readings（扩展阅读）Chapter 7 SecuritiesLearning ObjectivesLearning Objectives12345understand the different parts of marketable securitiesmaster the share, types, stockholder and price determination of a stockmaster the issue, coupon, maturity, yield of a bonddiscuss the main difference about stock, bond and fond6understand the definition, kinds, participants of a bondmaster the main types of fundsconception about stock, bond and fund;1main characters of stock, such as share, holder,price determination, index;2main characters of a bond, such as issuance,principal, coupon, maturity, yield;3the main kinds of bond;4main characters of a fund, such as unit,constitution,aim;5the main kinds of fund.6Key TopicsKey TopicsSection 7.1 Stock Section 7.2 Bond Section 7.3 FundText7.1.1 History of stock7.1.2 Shares7.1.3 Types of stock:common stock and preferred stock7.1.4 Rule 144 stock7.1.5 Shareholder7.1.6 Stock derivatives7.1.7 Share price determination7.1.8 Stock price fluctuationsthe stock of Bombay Electric Supply and Tramways Company Limited7.1.1 History of stockØThe stock (also capital stock) of a corporation constitutes the equity stake of its owners. It represents the residual assets* of the company that would be due to stockholders after discharge of all senior claims such as secured and unsecured debt.ØThe earliest recognized joint-stock company* in modern times was the English (later British) East India Company*,one of the most famous joint-stock companies.7.1.2 SharesØThe stock of a corporation is partitioned into shares, the total of which are stated at the time of business formation. Additional .ØShares represent a fraction of ownership in a business. A business may declare different types (classes) of shares, each having distinctive ownership rules, privileges, or share values. Ownership of shares may be documented by issuance of a stock certificate. A stock certificate isa legal document that specifies the amount of shares owned by theshareholder, and other specifics of the shares, such as the par value, if any, or the class of the shares.ØStock typically takes the form of shares of either common stock or preferred stock.ØAs a unit of ownership, common stock typically carries voting rights that can be exercised in corporate decisions.ØPreferred stock differs from common stock in that it typically does not carry voting rights but is legally entitled to receive a certain level of dividend payments before any dividends can be issued to other shareholders.ØConvertible preferred stock is preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually any time after a predetermined date.Ø"Rule 144 Stock" is a common name given to shares of stock subject SEC Rule 144: Selling Restricted and Control Securities. Under Rule 144, restricted and controlled securities are acquired in unregistered form.7.1.5 ShareholderØA shareholder (or stockholder)is an individual or company (including a corporation) that legally owns one or more shares of stock in a joint stock company.* Both private and public traded companies have shareholders. Companies listed* at the stock market are expected to strive to enhance shareholder value.7.1.6 Stock derivativesØA stock derivative is any financial instrument which has a value that is dependent on the price of the underlying stock.ØFutures and options are the main types of derivatives on stocks.The underlying security may be a stock index* or an individual firm's stock, e.g. single-stock futures.7.1.7 Share price determinationØThus, the value of a share of a company at any given moment is determined by all investors voting with their money.ØIf more investors want a stock and are willing to pay more, the price will go up. If more investors are selling a stock and there aren't enough buyers, the price will go down.7.1.8 Stock price fluctuationsØThe price of a stock fluctuates fundamentally due to the theory of supply and demand. Like all commodities in the market, the price of a stock is sensitive to demand. However, there are many factors that influence the demand for a particular stock.7.2.1Issuance of bond7.2.2Main Features of Bond:Principal,Maturity,Coupon,Yield,Credit Quality,MarketPrice7.2.3The kinds of Bond:Government bond,Municipal bond, Corporatebond,Mortgage bond,Insurance bond7.2.4Bond market7.2.5Bond market participants1903年铁路债券Section 7.2 Bond1935年的1000万元的美国国债7.2.1 Issuance of bondØIn finance, a bond is an instrument of indebtedness of the bond issuer to the holders. It is a debt security, under which the issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay them interest (the coupon) and/or to repay the principal at a later date, termed the maturity date.ØBonds are issued by public authorities, credit institutions, companies and supranational institutions in the primary marketsPrincipalMaturityCouponYieldCredit Quality7.2.2 Main Features of BondMarket PriceGovernment bondMunicipal bondCorporate bondMortgage bondInsurance bond7.2.3 The kinds of Bond7.2.4 Bond marketØThe bond market (also debt market or credit market) is a financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the secondary market.ØThis is usually in the form of bonds, but it may include notes, bills, and so on.7.2.5 Bond market participantsØBond market participants are similar to participants in most financial markets and are essentially either buyers (debt issuer) of funds or sellers (institution) of funds and often both.ØParticipants include:Institutional investors; Governments; Traders; Individuals.Section 7.3 Fund7.3.1What is fund?7.3.2Fund Constitution7.3.3Unit or share class7.3.4Investment aims7.3.5Types of risk7.3.6Kinds of Fund7.3.1 What is fund?ØAn investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group.ØInvestment funds are promoted with a wide range of investment aims either targeting specific geographic regions (e.g., emerging markets or Europe) or specified industry sectors (e.g., technology).7.3.2 Fund ConstitutionØTypically there is:ØA fund manager or investment manager who manages the investment decisions.ØA fund administrator who manages the trading, reconciliations, valuation and unit pricing.ØA board of directors or trustees who safeguards the assets and ensures compliance with laws, regulations, and rules.ØThe shareholders or unitholders who own (or have rights to) the assets and associated income.ØA "marketing" or "distribution" company to promote and sell shares/units of the fund.7.3.3 Unit or share classØMany collective investment vehicles split the fund into multiple classes of shares or units.ØOne class may be sold through a stockbroker or financial adviser with an initial commission (front-end load) and might be called retail shares.ØAnother class may be sold with no commission (load) direct to the public called direct shares.ØStill a third class might have a high minimum investment limit and only be open to financial institutions, and called institutional shares.7.3.4 Investment aimsØEach fund has a defined investment goal to describe the remit of the investment manager and to help investors decide if the fund is right for them. The investment aims will typically fall into the broad categories of Income (value) investment or Growth investment.Income or value based investment tends to select stocks with strong income streams, often more established businesses.7.3.5 Types of riskØA common concern with any investment is that you may lose the money you invest—your capital. This risk is therefore often referred to as capital risk*.ØIf the assets you invest in are held in another currency there is a risk that currency movements alone may affect the value. This is referred to as currency risk*.ØMany forms of investment may not be readily salable on the open market (e.g. commercial property) or the market has a small capacity and investments may take time to sell. Assets that are easily sold are termed liquid therefore this type of risk is termed liquidity risk.*ØOpen-end fundØClosed-end fundØA mutual fundØMoney market funds ØBond fundsØStock or equity funds ØHybrid fundsØIndex fundØPension fundsØA fund is a source of money that is allocated for a specific purpose. A fund can be established for any purpose whatsoever, whether it is a city government setting aside money to build a new civic center，or a college setting aside money to award a scholarship, or an insurance company setting aside money to pay its customers’ claims.ØIndividuals, businesses and governments all use funds to set aside money. Individuals might establish an emergency fund or rainy-day fund to pay for unforeseen expenses, or a trust fund to set aside money for a specific person.ØIndividual and institutional investors can also place money in different types of funds with the goal of earning money. Examples include mutual funds, which gather money from numerous investors and invest it in a diversified portfolio of assets, and hedge funds, which invest the assets of high-net-worth individuals (HNWI) in a way that is designed to earn above-market returns. Governments use funds, such as special revenue funds, to pay for specific public expenses.下节课见。
金融专业英语-Foreign Exchange-外汇
account size.
8.2.3 Determinants of exchange rates
➢ Economic factors include: ①economic policy, disseminated by government agencies and central banks, ②economic conditions, generally revealed through economic reports, and other economic indicators.
8.1.1 Quotations
➢ A foreign-exchange rate (also known as an exchange rate, Forex rate, FX rate or Agio*) between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in terms of another currency.
8.1.4 Fluctauations in exchange rates
➢ A market-based exchange rate will change whenever the values of either of the two component currencies change. A currency will tend to become more valuable whenever demand for it is greater than the available supply. It will become less valuable whenever demand is less than available supply.
金融专业英语教学课件
M2 is the most often used reference to money supply. M3 is the most often used reference to M2 is an even broader definition of the money supply, as it includes all money supply. M2是衡量货币供应量最 常用的参考值。 of the components of M1 and M2 plus a number金融资产 of financial assets and financial assets instruments generally employed by financial instruments n. 金融票据 large (jumbo) certificates of deposit.
2013-9-27
Chen Jianhui
8
Strictly enforced government regulations control how many of the deposited dollars must be held in fractional reserve loans. reserve to support deposit money expansion activities 部分准备金存 Loans made against this fractional 款扩张业务 reserve are a key factor in banking and current fractional reserve deposit money expansion activities. a
《金融专业英语》单词汇总表
Rating Stock Dividend Principal Principal
n. n. n. n. adj. adj.
等级， 类别 公债，股份，股票，存货，供应物 红利， 股息 资本， 本金， 委托人 最重要的， 主要的 未偿付的， 困难未解决的， 工作未完成的 紧急援助 收购， 买入， 收购股权 （使）上市，把（证券）列入上市证券表 n. adj. n. 公开， 泄露， 揭露 衍生的， 导出的， 拷贝的 派生物，衍生物 （使）合并， （使）融合 n. n. 获得， 取得， 获得物 证券化， 资产证券化 支出，花费 n. n. n. n. 附属担保品，抵押品 契约，合同，正式凭单，文据 优先，优先权 评估， 评价 股份， 赌注， 风险
Depreciation Speculate Venture
Jasmine
- 4 -
《金融专业英语》
单词汇总表
Collect Draw Drawer Drawee Endorser Endorsee Payee Payer Acceptor n. n. v.
Appraisal Agency Regime n. n.
Administrative Governance Accrue Recession Depression Prosperity Recovery Allocation Distribution v. n.
Negotiable Commercial
v.
收款， 收帐 出票 出票人 受票人
Due Rate
adj. n. n. n. n. n. n. n. v. n. n. v. n. n. n. v. v. v. v. v. v.