资本市场英文

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资本市场

资本市场

三、股票的一级市场
(一)股票一级市场概述
1、股票一级市场(Primary Market) 发行市场(Issuance Market) 指股份公司直接或通过中介机构向投资者出售新 发行的股票。新发行的股票包括初次发行和再发 行的股票,前者是公司第一次向投资者出售的原 始股,后者是在原始股的基础上增加新的份额。 首次公开发行(Initial Public Offering, IPO)
二、股票的种类
2、优先股(Preferred Stock) 优先股是指在剩余索取权方面较普通股优先的 股票,表现在分得固定股息并且在普通股之前收 取股息。优先股股息是固定的,它主要取决于市 场利息率,其风险小于普通股,预期收益率也低 于普通股。 3、国际股票 (1)直接海外上市的股票。 (2)存托凭证(Depositary Receipts,DRS),如 美国存托凭证(ADRS)。
1.算术平均股价指数
(1)相对法。先计算各样本股价指数,再 加总求总的算术平均数。其计算公式为:
1 n Pi 股价指数 1i n i 1 P0
P0i表示第i种股票的基期价格, 1i 表 P 其中,
示第i种股票的报告期价格,n为样本数。
1.算术平均股价指数
(2)综合法。综合法是先将样本股票的基 期和报告期价格分别加总,然后相比求出 股价指数,即:
第三章 资本市场


资本市场与证券市场
资本市场(Capital Market)是期限在一年以 上的中长期金融市场,包括中长期证券市场和中 长期银行信贷市场。 证券市场指有价证券的发行和流通市场,包括股 票市场、债券市场和投资基金市场。 资本市场→中长期证券市场,包括股票市场、债 券市场和投资基金市场。
例 设样本股票为4种,报告期价格分别为 10元、 15元、 20元、 25元,基期价格分 别为5元、 6元、 8元、 9元,基期指数为 100,报告期成交股数分别为100、 150、 200、 250. (1)用综合法计算算术平均股价指数 (2)计算派许指数-加权平均股价指数

金融市场词汇表

金融市场词汇表

金融市场词汇表《金融市场与机构》词汇表Chapter 1Surplus units:盈余方Deficit units:赤字方Money markets:货币市场Capital markets:资本市场Primary markets:初级市场(一级市场)Secondary markets:二级市场Liquidity:流动性Organized exchange:交易所市场Financial market:金融市场Over-the-counter (OTC) market:场外交易市场Money market securities:货币市场工具Capital market securities:资本市场工具Derivative securities:衍生工具Privatization:私有化Foreign exchange market:外汇市场Perfect market:有效市场Imperfect market:无效市场Money market mutual funds:货币市场共同基金Broker:经纪人Spread:差价Bid quotes:买入报价Underwrite:承销Dealers:自营商Chapter 2Loanable funds theory:可贷资金理论Interest-inelastic:缺乏利率弹性Fisher effect:费雪效应Real interest rate:实际利率Crowding-out effect:挤出效应Chapter 3Investment-grade bonds:投资级债券Term structure of interest rates:利率的期限结构Call feature:赎回特性Convertible clause:可转换条款Pure expectations theory:纯粹预期理论Liquidity premium theory:流动性溢价理论Segmented market theory:分割市场理论Preferred habitat theory:偏好归宿理论Chapter 4Federal Reserve district bank:联邦储备银行Board of Governors:美联储理事会(联邦储备委员会)Discount rate:再贴现率Federal Open Market Committee(FOMC):联邦公开市场委员会Trading Desk(Open Market Desk):交易柜台(公开市场柜台)Policy directive:政策指示Open market operations:公开市场操作Repurchase agreement:回购协议Dynamic open market operation:主动型公开市场操作Defensive open market operation:防御型公开市场操作Reserve requirement ratio:法定存款准备金比率M1、M2、M3:为不同层次的货币供应量Money market deposit account:货币市场存款账户Depository Institutions Deregulation and Monetary ControlAct(DIDMCA):存款机构放松管制与货币控制法案Chapter 5Keynesian theory:凯恩斯理论Demand-pull inflation:需求拉动型通货膨胀Monetarists:货币主义者Modern quantity theory of money:现代货币数量理论Theory of rational expectations:理性预期理论Phillips curve:菲利普斯曲线Recognition lag:认知时滞Implementation lag:执行时滞Impact lag:作用时滞Monetizing the debt:债务货币化Global crowding out:全球挤出效应Chapter 6Commercial paper:商业票据Junk commercial paper:垃圾商业票据Negotiable certificates of deposit (NCD S):大额可转让定期存单Reverse repo:逆回购Federal funds rate:联邦基金利率Banker’s acceptance:银行承兑汇票Letter of credit(L/C):信用证Eurodollar certificates of deposit:欧洲美元存单Eurodollar market:欧洲美元市场Eurodollar floating-rate CD S(FRCD S):欧洲美元浮动利率存单Eurocurrency market:欧洲货币市场Eurobanks:欧洲银行Eurocredit market:欧洲信贷市场Euronotes:欧洲本票Euro-commercial paper(euro-CP):欧洲商业票据Effective yield:有效收益率Chapter 7Bearer bonds:不记名债券Registered bonds:记名债券Yield to maturity:到期收益率Stripped securities:剥离债券(分割债券)Government National Mortgage Association(Ginnie Mea):政府国民抵押贷款协会Federal National Mortgage Association(Fannie Mae):联邦国民抵押贷款协会General obligation bonds:一般责任债券Revenue bonds:收益债券Corporate bonds:公司债券Indenture:契约Trustee:受托人Sinking-fund provision:偿债基金条款Call provision:赎回条款Call premium:赎回溢价First mortgage bond:优先抵押债券Chattel mortgage bond:动产抵押债券Debentured:信用债券Subordinated debentures:次级信用债券Low-coupon and zero-coupon bonds:低息和零息债券V ariable-rate bonds:浮动利率债券Market order:市价委托Limit order:限价委托Junk bonds:垃圾债券Contagion effects:传染效应Global junk bonds:全球垃圾债券Chapter 8Present value interest factors:贴现因子Annuity:年金Chapter 9Fixed-rate mortgage:固定利率抵押贷款Adjustable-rate mortgage(ARM):可调整利率抵押贷款Balloon-payment mortgage:Amortization schedule:分期付款偿还表Graduated-payment mortgage:渐进偿付抵押贷款Growing-equity mortgage:权益增长抵押贷款Shared-appreciation mortgage:分享增值抵押贷款Securitization:贷款证券化Prepayment risk:提前偿付风险Mortgage pass-through securities:抵押支持转手证券Participation certificates(PCs):参与凭证Collateralized mortgage obligation(CMOs):抵押担保债务证券Chapter 10National Association of Securities Dealers Automatic Quotations(Nasdaq):全美证券交易商协会自动报价系统Antitakeover amendments:反收购修正案Poison pills:毒丸Golden parachute:金色降落伞Chapter 12Market microstructure:市场微观结构Margin requirement:保证金要求Margin account:保证金账户Maintenance margin:维持保证金Initial margin:初始保证金Margin call:追加保证金Short selling:卖空Exchange-traded funds(ETFs):交易所交易基金Chapter 13Financial future contract:金融期货合约Interest rate future:利率期货Stock index futures:股票指数期货Commission brokers:场内经纪人Floor traders(Locals):场内交易商Speculators:投机者Hedgers:套期保值者Day traders:即期交易商Position traders:远期交易商Short hedge:空头套期保值Basis:基差Cross-hedging:交叉套期保值Long hedge:多头套期保值Net exposure:净暴露Municipal Bond Index(MBI) futures:市政债券指数期货Bond buyer index:债券买入者指数Dynamic asset allocation:动态资产配置Index arbitrage:指数套利Arbitrageurs:套利者Circuit breakers:断路器Market risk:市场风险Basis risk:基差风险Liquidity risk:流动性风险Credit risk:信用风险Operational risk:操作风险Systemic risk:系统风险Currency futures contract:货币期货合约Chapter 14Call option:看涨期权Exercise price(strike price):执行价格Writer:期权合约的卖方In the money:实值At the money:两平Out of the money:虚值Put option:看跌期权Covered call:有保护看涨期权Stock index option:股票指数期权Long-term equity anticipations(LEAPs):长期期权Currency call option:货币看涨期权Currency put option:货币看跌期权Chapter 15Interest rate swap:利率互换Plain vanilla swap:普通互换(固定-浮动利率互换)Forward swap:远期互换Swap option (swaptions):互换期权Callable swap:可赎回互换Putable swap:可退卖互换Extendable swap:可延期互换Zero-coupon-for-floating swap:零息互换Rate-capped swap:利率上限互换Equity swap:股权互换Sovereign risk:政治风险Interest rate cap:利率上限Interest rate floor:利率下限Interest rate collar:利率双限Currency swap:货币互换Chapter 16Foreign exchange derivatives:外汇衍生产品Spot exchange rate:即期汇率Forward rates:远期汇率Bretton Woods era:布雷顿森林体系Smithsonian Agreement:史密森协定Dirty float:肮脏浮动Freely floating system:自由浮动制度Appreciate:升值Depreciate:贬值Purchasing power parity(PPP):购买力平价说Technical forecasting:技术预测Time-series models:时间序列模型Fundamental forecasting:基本预测Market-based forecasting:市场预测Mixed forecasting:混合预测Forward contract:远期合约Forward market:远期市场Interest rate parity:利率平价Locational arbitrage:空间套汇Covered interest arbitrage:抵补套利。

1-1-0 资本市场概述——什么是资本市场

1-1-0 资本市场概述——什么是资本市场

1-1-0 资本市场概述——什么是资本市场?本文选自《梧桐树下新三板》一、资本市场的概念(一)资本市场的概念通常我们根据交易对象性质把市场分为商品劳务市场与金融市场,进而根据金融市场交易对象的期限把金融市场分为货币市场与资本市场。

资本市场(英文:capitalmarket)亦称“长期资金市场”是指证券融资和经营一年以上中长期资金信贷的金融市场,包括证券市场(股票市场、债券市场、基金市场)和中长期信贷市场等,其融通的资金主要作为扩大再生产的资本使用,因此称为资本市场。

作为资本市场重要组成部分的证券市场,具有通过发行股票和债券吸收中长期资金的巨大功能,公开发行的股票和债券还在二级市场上自由买卖和流通,有着很强的灵活性。

(二)资本市场的特征首先资本市场也是市场,它具有市场的一般特征,市场在我们的文化里即是买卖之所地,市场是由卖方、买方、交易对象、场所四个基本元素构成。

场所有时候在有形的空间里,例如农贸市场或者大型商场,随着电子信息技术的发展,场所可以在电子化的环境里进行,典型的是电子商务的发展,已经将市场搬到网上。

现代资本市场随着信息技术的发展交易也已经基本实现电子化,有形场所如证券交易所主要提供交易设施、交易信息、市场监管等功能。

如果从有形市场来理解资本市场,证券交易所即可理解为一个资本市场。

正如理解农贸市场,亲自到农贸市场去买点瓜果蔬菜,就知道什么是农贸市场了。

我国上海证券交易所、深圳证券交易所、全国中小企业股份转让系统均是资本市场的有形形态。

其次资本市场以资本为交易对象。

资本在金融学里通常指一年以上的长期资金和证券。

资本是一种金融产品,是一种可以为投资者带来收益,为筹资者筹集生产发展所需的长期资金的金融产品,所以资本市场隶属于金融市场。

这里的资本是与货币相对应的概念,货币通常指一年以内的短期资金和证券。

所以金融市场包括资本市场与货币市场,它是根据融资交易期限对金融市场所作的分类。

货币市场是指经营一年以内的短期资金融通的金融市场,包括同业拆借市场、票据贴现市场、票据回购市场和短期信贷市场等。

资本市场

资本市场

信用卖出交易
• 假设你对ABC公司的股票看跌,初始股价为每股 100美元,现在你要求经纪人卖空1000股,初始 保证金比例为50%。假设现在经纪人对卖空的维 持保证金比例要求为30%,这意味着你账户中的 权益价值至少维持在空头头寸的30%,那么ABC 公司的股价上涨到多少是你会收到保证金催缴通 知?
二、交易机制
• 竞价交易机制:
该机制下证券买卖双方的订单直接进入交易市场, 市场的交易中心以买卖价格为基准按照一定的原则 和规则进行撮合成交。 集合竞价 连续竞价 交易原则:价格优先,时间优先
假设某交易日某只股票有下列四个卖单:
卖单 a b 交易量/手 350 160 时间 13:45:00 13:46:00 报价/元 19.50 19.52
二、股票的一级市场
• 股票的发行方式:
公募(public placement):面向市场上大 量的非特定的投资者公开发行股票。 私募(private placement): 只向少数特 定的投资者发行股票。
二、股票的一级市场
股票发行价格三种确定方式: 1、平价发行: 票面金额=发行价格 2、溢价发行: 票面金额>发行价格 3、折价发行: 票面金额<发行价格
3、信用交易的杠杆作用
• 如果IBM的股价下跌30%,即每股70美元,该投 资者的收益率为多少? • 如果IBM的股价保持不变,那么该投资者的收益 率为多少?
维持保证金比例
• 假设维持保证金比例为30%,股票价格跌 至多少投资者将收到保证金催缴通知?
维持保证金比例

2、信用卖出交易
• 信用卖出交易:信用卖出交易又称卖空交易(short sale),是指对市场行情看跌的投资者本身没有证 券,就向经纪人缴纳一定比率的初始保证金(现金 或证券)借入证券,在市场上卖出,并在未来买回 该证券给经纪人。

实用英语:常用英汉财经词汇(c)

实用英语:常用英汉财经词汇(c)

call option 认购期权 call price 认购价格 call warrant 认购凭单 Capacity 能⼒/⽣产能⼒/设备能⼒ Capital Account 资本帐户 capital adequacy ratio 资本⾜够率 capital adequacy ratio 资本⾜够率 Capital and Labour 资本与劳⼯ Capital and Liabilities Ratio 资本负债⽐率 Capital Budget 资本预算 Capital Consumption 资本消耗 Capital Deficit 资本⾚字 Capital Expenditure/Expenses 资本开⽀/费⽤ Capital Exporting and Recipient Country 资本输出国和资本接受国 Capital Gains Tax 资本收益税 Capital Grants 资本拨款 capital guaranteed 资本保证 Capital Intensive 资本密集 Capital Market 资本市场(指中长期借贷市场) capital protected 资本保障 Capital Revenue 资本收⼊ Capitalisation 市值 capped FRN 具上限浮息票据 Carry Back of Losses 移前扣减亏损 Cash Budget 现⾦预算 Cash Market 现⾦市场 cash value (保险)现⾦价值 CBO/CLO (collateralised bond obligation) 抵押保证债券 Central Depository Pte Ltd (CDP) 中央托收公司 Central Limit Order Book (CLOB) ⾃动撮合国际股市 CEO 总裁 CEPT 有效普惠关税 cess 餐馆与酒店税 charge card 赊账卡 Chartered Bank 特许银⾏ classified loan 有问题贷款 close a position 平仓 close-end fund 固额基⾦ Closing Price 闭市价 CNN 电视电缆新闻(简称电缆新闻) Commodity Tax 商品税 Comparative Advantage 相对优势 Comparative Costs ⽐较成本 Complete Plant 成套设备 Composite Demand 综合性需求 Concession 优惠/特惠 Concessional loan/terms 特惠贷款/条件 Consolidated Account 综合帐⽬ Consolidated Profit/Loss 综合盈利/亏损(综合损益表) Consolidated Tax 综合税 Consolidation (公司的)合并、(帐⽬的)综合、(货物的)集装、(股市上涨后的)靠稳 Consumption Tax 消费税 contango (期货)顺价、溢价 Contra Trade 对敲交易 contract manufacturer 合同制造商 Conversion Price 转换价 Convertible Loan Stock 可转换债券 Corporate and Personal Income Taxes 公司及个⼈所得税 Corporate Communications 企业通讯 Corporate Planning 企业策划 Corporate Services 企业服务 Cost Efficiency 成本效率 Cost Inflation 成本性通货膨胀 Counter Tariff 对抗关税 Counter Trade 对销贸易 covered warrant 备兑凭单 CPF Cashier’s Order 公积⾦本票 CPF Contribution Rate 公积⾦缴交率 CPF Investment Scheme 公积⾦投资计划 CPF Minimum Sum 公积⾦最低存款计划 credit default swaps 信贷违约风险掉换 credit-linked notes 信⽤风险联结票据 critical year 替换期 currency option 货币期权 currency swap 货币掉期 Current Account 经常项⽬/国际收⽀账⽬/往来户头 Current Expenditure 经常开⽀ Current Liabilities 流动负债 Current Year 本年度 Customs and Excise Taxes 关税及国产税 cut margin 斩仓。

金融学专业词汇(中英文对照)

金融学专业词汇(中英文对照)

金融学专业词汇(中英文对照)目录1. 货币与货币制度 (3)2. 国际货币体系与汇率制度 (4)3. 信用、利息与信用形成 (5)4. 金融范畴的形成与发展 (7)5. 金融中介体系 (7)6. 存款货币银行 (9)7. 中央银行 (10)8. 金融市场 (10)9. 资本市场 (13)10. 金融体系结构 (14)11. 金融基础设施 (14)12. 利率的决定作用 (15)13. 货币需求 (16)14. 现代货币的创造机制 (17)15. 货币供给 (17)16. 货币均衡 (18)17. 开放经济的均衡 (18)18. 通货膨胀和通货紧缩 (19)19. 货币政策 (20)20. 货币政策与财政政策的配合 (21)21. 开放条件下的政策搭配与协调 (22)22. 利率的风险结构与期限结构 (22)23. 资产组合与资产定价 (23)24. 商业银行业务与管理 (25)25. 货币经济与实际经济 (26)26. 金融发展与经济增长 (26)27. 金融脆弱性与金融危机 (27)28. 金融监管 (27)1.货币与货币制度货币:(currency)外汇:(foreign exchange)铸币:(coin)银行券:(banknote)纸币:(paper currency)存款货币:(deposit money)价值尺度:(measure of values)货币单位:(currency unit)货币购买力:(purchasing power of money)购买力平价:(purchasing power parity,PPP)流通手段:(means of circulation)购买手段:(means of purchasing)交易的媒介:(media of exchange)支付手段:(means of payment)货币需求:(demand for money)货币流通速度:(velocity of money)保存价值:(store of value)汇率:(exchange rate)一般等价物:(universal equivalent)流动性:(liquidity)通货:(currency)准货币:(quasi money)货币制度:(monetary system)本位制:(standard)金本位:(gold standard)造币:(coinage)铸币税:(seigniorage)本位币:(standard money)辅币:(fractional money)货币法偿能力:(legal tender powers)复本位制:(bimetallic standard)金汇兑本位:(gold exchange standard)金平价:(gold parity)金块本位制:(gold bullion standard)2.国际货币体系与汇率制度浮动汇率制:(floating exchange rate regime)货币局制度:(currency board arrangement)联系汇率制度:(linked exchange rate system)美元化:(dollarization)最优通货区理论:(theory of optimum currency area)货币消亡:(money disappearance)外汇:(foreign currency)外汇管理:(exchange regulation)外汇管制:(exchange control)可兑换:(convertibility)不可兑换:(inconvertibility)经常项目:(current account)资本项目:(capital account)汇率:(exchange rate)牌价:(posted price)直接标价法:(direct quotation)间接标价法:(indirect quotation)单一汇率:(unitary exchange rate)多重汇率:(multiple exchange rate)市场汇率:(market exchange rate)官方汇率:(official exchange rate)黑市:(black market)固定汇率:(fixed exchange rate)浮动汇率:(floating exchange rate)管理浮动:(managed float)盯住汇率制度:(pegged exchange rate regime)固定钉住:(fixed peg)在水平带内的盯住:(pegged within horizontal bands)爬行钉住:(crawling peg)外汇指定银行:(designated foreign exchange bank)货币的对外价值:(external value of exchange)货币的对内价值:(internal value of exchange)名义汇率:(nominal exchange rate)实际汇率:(real exchange rate)铸币平价:(mint parity)金平价:(gold parity)黄金输送点:(gold transport point)国际借贷说:(theory of international indebtedness)流动债权:(current claim)流动负债:(current liablity)国际收支说:(theory of balance payment)汇兑心理说:(psychology theory of exchange rate)货币分析说:(monetary approach)金融资产说:(portfolio theory of exchange rate determination)利率平价理论:(theory of interest rate parity)外汇风险:(exchange risk)中国的外汇调剂:(foreign exchange swap)3.信用、利息与信用形成信用:(credit)利息:(interest)收益:(yield)资本化:(capitalization of interest)高利贷:(usury)利率:(interest rate)债权:(claim)债务:(debt obligation)借入:(borrowing)贷出:(lending)盈余:(surplus)赤字:(deficit)跨时预算约束:(intertemporal budget constraint)资金流量:(flow of funds)部门:(sector)借贷资本:(loan capital)实体:(real)商业信用:(commercial credit)银行信用:(bank credit)本票:(promissory note)汇票:(bill of exchange)商业本票:(commercial paper)商业汇票:(commercial bill)承兑:(acceptance)背书:(endorsement)直接融资:(direct finance)间接融资:(indirect finance)短期国库卷:(treasury bill)中期国库卷:(treasury note)长期国库卷:(treasury bond)国债:(national debt)公债:(public debt)资本输出:(export of capital)国际资本流动:(international capital flow)国外商业性借贷:(foreign direct investment,FDI)国际游资:(hot money)4.金融范畴的形成与发展财政:(public finance)公司理财:(corporate finance)投资:(investment)保险:(insurance)财产保险:(property insurance)人身保险:(mutual life insurance)相互人寿保险:(mutual life insurance)信托:(trust)租赁:(leasing)5.金融中介体系金融中介:(financial intermediary)金融机构:(financial institution)借者:(borrower)贷者:(lender)货币中介:(monetary intermediation)权益资本:(equity capital)中央银行:(central bank)货币当局:(monetary authority)存款货币银行:(deposit money bank)商业银行:(commercial bank)投资银行:(investment bank)商人银行:(merchant bank)财务公司:(financial companies)储蓄银行:(saving bank)抵押银行:(mortgage bank)信用合作社:(credit cooperative)保险业:(insurance industry)跨国银行:(multinational bank)代表处:(representative office)经理处:(agency)分行:(branch)子银行:(subsidiary)联营银行:(affiliate)国际财团银行:(consortium bank)中国人民银行:(People’s Bank of China)政策性银行:(policy banks)国有商业银行:(state-owned commercial banks)资产管理公司:(assets management company)证券公司:(securities company)券商:(securities dealer)农村信用合作社:(rural credit cooperatives)城市信用合作社:(urban credit cooperatives)信托投资公司:(trust and investment companies)信托:(trust)金融租赁:(financial leasing)邮政储蓄:(postal savings)财产保险:(property insurance)商业保险:(commercial insurance)社会保险:(social insurance)保险深度:(insurance intensity)保险密度:(insurance density)投资基金:(investment funds)证券投资基金:(security funds)封闭式基金:(closed-end investment funds)开放式基金:(open-end investment funds)私募基金:(private placement)风险投资基金:(venture funds)特别提款权:(special drawing right,SDR)国有化:(nationalization)6.存款货币银行货币兑换商:(money dealer)银行业:(banking)贴现率:(discount rate)职能分工型商业银行:(functional division commercial bank)全能型商业银行:(multi-function commercial bank)综合性商业银行:(comprehensive commercial bank)单元银行制度:(unit banking system)总分行制度:(branch banking system)代理行制度:(correspondent banking system)银行控股公司制度:(share holding banking system)连锁银行制度:(chains banking system)金融创新:(financial innovation)自动转账制度:(automatic transfer services,ATS)可转让支付命令账户:(negotiable order of withdrawal account,NOW)货币市场互助基金:(money market mutual fund,MMMF)货币市场存款账户:(money market deposit account,MMDA)不良债权:(bad claim)坏账:(bad loan)不良贷款:(non-performing loans,NPL)存款保险制度:(deposit insurance system)金融资本:(financial capital)7.中央银行中央银行:(central bank)一元式中央银行制度:(unit central bank system)二元式中央银行制度:(dual central bank system)复合中央银行制度:(compound central bank system)跨国中央银行制度:(multinational central bank system)发行的银行:(bank of issue)银行的银行:(bank of bank)最后贷款人:(lender of last resort)再贴现:(rediscount)在抵押:(recollateralize)国家的银行:(the state bank)8.金融市场金融市场:(financial market)证券化:(securitization)金融资产:(financial assets)金融工具:(financial instruments)金融产品:(financial products)衍生金融产品:(derivative financial products)原生金融产品:(underlying financial products)流动性:(liquidity)变现:(encashment)买卖差价:(bid-ask spread)做市商:(market marker)到期日:(due date)信用风险:(credit risk)市场风险:(market risk)名义收益率:(nominal yield)现时收益率:(current yield)平均收益率:(average yield)内在价值:(intrinsic value)直接融资:(direct finance)间接融资:(indirect finance)货币市场:(money market)资本市场:(capital market)现货市场:(spot market)期货市场:(futures market)机构投资人:(institutional investor)资信度:(credit standing)融通票据:(financial paper)银行承兑票据:(bank acceptance)贴现:(discount)大额存单:(certificates of desposit,CDs)回购:(counterpurchase)回购协议:(repurchase agreement)隔夜:(overnight)银行同业间拆借市场:(interbank market)合约:(contract)远期:(forward)期货:(futures)期权:(options)看涨期权:(call option)看跌期权:(put option)期权费:(option premium)互换:(swap)投资基金:(investment funds)契约型基金:(contractual type investment fund)单位型基金:(unit funds)基金型基金:(funding funds)公司型基金:(corporate type investment fund)投资管理公司:(investment management company)共同基金:(mutual fund)对冲基金:(hedge fund)风投基金:(venture fund)权益投资:(equity investment)收益基金:(income funds)增长基金:(growth funds)长期增长基金:(long-term growth funds)高增长基金:(go-go groeth funds)货币市场基金:(money market funds)养老基金:(pension fund)外汇市场:(foreign exchange market)风险资本:(venture capital)权益资本:(equity capital)私人权益资本市场:(private equity market)有限合伙制:(limited partnership)交易发起:(deal origination)筛选投资机会:(screening)评价:(evaluation)交易设计:(deal structure)投资后管理:(post-investment activities)创业板市场:(growth enterprise market,GEM)二板市场:(secondary board market)金融创新:(financial innovation)金融自由化:(financial liberalization)全球化:(globalization)离岸金融市场:(off-shore financial center)9.资本市场权益:(equity)剩余索取权:(residual claims)证券交易所:(stock exchange)交割:(delivery)过户:(transfer ownership)场外交易市场:(over the counter,OTC)金融债券:(financial bond)抵押债券:(mortgage bond)担保信托债券:(collateral trust bonds)信用债券:(trust bonds)次等信用债券:(subordinated debenture)担保债券:(guaranteed bonds)初级市场:(primary market)二级市场:(secondary market)公募:(public offering)私募:(private offering)有价证券:(security)面值:(face value)市值:(market value)股票价格指数:(share price index)有效市场假说:(effective market hypothesis)弱有效市场:(weak efficient market)中度有效市场:(semi-efficient market)强有效市场:(strong efficient market)股份公司:(stock certificate)股票:(stock certificate)股东:(stock holder)所有权:(ownership)经营权:(right of management)10.金融体系结构功能主义金融观:(perspective of financial function)金融体系格局:(pattern of financial system)激励:(incentive)公司治理:(corporate governance)路径依赖:(path dependency)市场主导型:(market-oriented type)银行主导型:(banking-oriented type)参与成本:(participative cost)影子银行体系:(the shadow banking system)11.金融基础设施金融基础设施:(financial infrastructures)支付清算系统:(payment and clearing system)跨境支付系统:(cross-border inter-bank payment system,CIPS)全额实时结算:(real time gross system)净额批量清算:(bulk transfer net system)大额资金转账系统:(whole sale funds transfer system)小额定时结算系统:(fixed time retail system)票据交换所:(clearing house)金融市场基础设施:(financial market infrastructures)中央交易对手:(central counterparties,CCPs)双边清算体系:(bilateral clearing system)系统重要性支付体系核心原则:(the core principles for systemically important payment system)证券清算体系建议:(the recommendations for central counterparties)中央交易对手建议:(the recommendations for central counterparties)金融业标准:(financial standards)盯市:(mark-to-market)公允价值:(fair value)金融部门评估规划:(financial sector assessment program)12.利率的决定作用可贷资金论:(loanable funds theory of interest)储蓄的利率弹性:(interest elasticity of saving)投资的利率弹性:(interest elasticity of investment)本金:(principal)回报率:(returns)基准利率:(benchmark interest rate)无风险利率:(risk-free interest rate)补偿:(compensation)风险溢价:(risk premium)实际利率:(real interest rate)名义利率:(nominal interest rate)固定利率:(fixed interest rate)浮动利率:(floating rate)官定利率:(official interest rate)行业利率:(trade-regulated rate)一般利率:(general interest rate)优惠利率:(preferential interest rate)贴息贷款:(loan of interest subsidy)年利率:(annual interest rate)月利率:(monthly interest rate)日利率:(daily interest rate)拆息:(call money interest)13.货币需求货币需求:(demand for money)货币数量论:(quantity theory of money)货币必要量:(volume of money needed)货币流通速度:(velocity of money)交易方程式:(equation of exchange)剑桥方程式:(equation of Cambridge)现金交易说:(cash transaction approach)现金余额说:(cash balance theory)货币需求动机:(motive of the demand for money)交易动机:(transaction motive)预防动机:(precautionary motive)投机动机:(speculative motive)流动性偏好:(liquidity preference)流动性陷阱:(liquidity trap)平方根法则:(square-root rule)货币主义:(monetarism)恒久性收入:(permanent income)机会成本变量:(opportunity cost variable)名义货币需求:(nominal demand for money)实际货币需求:(real demand for money)客户保证金:(customer’s security marign)金融资产选择:(portfolio selection)14.现代货币的创造机制纯流通费用:(pure circulation cost)原始存款:(primary deposit)派生存款:(derivative deposit)派生乘数:(withdrawal multiplier)现金损露:(loss of cashes)提现率:(withdrawal rate)创造乘数:(creation multiplier)现金:(currency)基础货币:(base money)高能货币:(high-power money)货币乘数:(money multiplier)铸币收入:(seigniorage revenue)15.货币供给货币供给:(money supply)准货币:(quasi money)名义货币供给:(nominal money supply)实际货币供给:(real money supply)股民保证金:(shareholder’s security margin)货币存量:(money stock)公开市场操作:(open-market operation)贴现政策:(discount policy)再贴现率:(rediscount rate)法定准备金率:(legal reserve ratio)财富效应:(wealth effect)预期报酬率变动效应:(effect of expected yields change)现金持有量:(currency holdings)超额准备金:(excess reserves)外生变量:(exogenous variable)内生变量:(endogenous variable)16.货币均衡均衡:(equilibrium)投资饥渴:(huger for investment)软预算约束:(soft budget constraint)总需求:(aggregate demand)总供给:(aggregate supply)面纱论:(money veil theory)流:(flow)余额:(stock)17.开放经济的均衡国际收支:(balance of payments)居民:(resident)非居民:(nonresident)国际收支平衡表:(statement for balance of payments)经常项目:(current account)资本和金融项目:(capital and financial account)储备资产:(reserve assets)净误差与遗漏:(net errors and missions)自主性交易:(autonomous transaction)调节性交易:(accommodating transaction)偿债率:(debt service ratio)顺差:(surplus)逆差:(deficit)最后清偿率:(last liquidation ratio)资本流动:(capital movements)项目融资:(project finance)外债:(external debt)资本外逃:(capital flight)冲销性操作:(sterilized operation)非冲销性操作:(unsterilized operation)债务率:(debt ratio)负债率:(liability ratio)差额:(balance)18.通货膨胀和通货紧缩通货膨胀:(inflation)恶性通货膨胀:(rampant inflation)爬行通货膨胀:(creeping inflation)温和通货膨胀:(moderate inflation)公开性通货膨胀:(open inflation)显性通货膨胀:(evident inflation)隐蔽性通货膨胀:(hidden inflation)输入型通货膨胀:(import of inflation)结构性通货膨胀:(structural inflation)通货膨胀率:(inflation rate)居民消费物价指数:(CPI)零售物价指数:(RPI)批发物价指数:(WPI)冲减指数:(deflator)需求拉上型通货膨胀:(demand-pull inflation)成本推动型通货膨胀:(cost-push inflation)工资-价格螺旋上升:(wage-price spiral)强制储蓄:(forced saving)收入分配效应:(distributional effect of income)财富分配效应:(distributional effect of wealth)滞胀:(stagflation)工资膨胀率:(wage inflation)紧缩性货币政策:(tight monetary policy)紧缩银根:(tight money)紧缩信贷:(tight squeeze)指数化:(indexation)通货紧缩:(deflation)19.货币政策货币政策:(monetary policy)金融政策:(financial policy)货币政策目标:(goal of monetary policy)通货膨胀目标制:(inflation targeting)逆风向原则:(principle of leaning against the wind)反周期货币政策:(counter cycle monetary policy)相机抉择:(discretionary)单一规则:(single rule)告示效应:(bulletin effects)直接信用控制:(direct credit)信用配额:(credit allocation)流动性比率:(liquidity ratio)间接信用控制:(indirect credit control)道义劝告:(moral suasion)窗口指导:(window guidence)信用贷款:(lending)传导机制:(conduction mechanism)中介指标:(intermediate target)信贷配给:(credit rationing)资产负债表渠道:(balance sheet channel)时滞:(time lag)预期:(expectation)透明度:(transparency)信任:(credibility)软着陆:(soft landing)20.货币政策与财政政策的配合赤字:(deficit)经常性收入:(current revenue)税:(tax)费:(fee)经常性支出:(current expenditure)资本性收入:(capital revenue)补助:(grant)资本性支出:(capital expenditure)账面赤字:(book deficit)隐蔽赤字:(hidden deficit)预算外:(off-budget)透支:(overdraft)净举债:(net fiancing)未清偿债券:(outstanding debt)或有债务:(contingent liability)准备货币:(reserve money)国债依存度:(public debt dependency)国债负担率:(public debt-to-GDP ratio)国债偿债率:(government debt-service ratio)财政政策:(fiscal policy)补偿性财政货币政策:(compensatory fiscal and monetary policy) 21.开放条件下的政策搭配与协调米德冲突:(Meade’s conflict)国际政策协调:(international policy coordination)信息交换:(information exchange)危机管理:(crisis management)避免共享目标变量的冲突:(avoiding conflicts over shared targets)合作确定中介目标:(cooperation intermediate targeting)部分协调:(full coordination)汇率目标区:(target zone of exchange rate)马歇尔-勒纳条件:(Marshall-Lerner condition)J曲线效应:(J curve effect)22.利率的风险结构与期限结构单利:(simple interest)复利:(compound interest)现值:(present value)终值:(future value)竞价拍卖:(open-outcry auction)贴现值:(present discount value)利率管制:(interest rate control)利率管理体制:(interest rate regulation system)存贷利差:(interest rate regulation system)利率风险结构:(risk structure of interest rates)违约风险:(default risk)利率期限结构:(term structure of interest rates)即期利率:(spot rate of interest)远期利率:(forward rate of interest)到期收益率:(yield to maturity)现金流:(cash floe)预期理论:(expectation theory)流动性理论:(liquidity theory)偏好理论:(preferred habitat theory)市场隔断理论:(market segmentation theory) 23.资产组合与资产定价市场风险:(market risk)信用风险:(credit risk)流动性风险:(liquidity risk)操作风险:(operational risk)法律风险:(legal risk)政策风险:(policy risk)道德风险:(moral hazard)主权风险:(sovereign risk)市场流动性风险:(product liquidity)现金流风险:(cash flow)执行风险:(execution risk)欺诈风险:(fraud risk)遵守与监管风险:(compliance and regulatory risk)资产组合理论:(portfolio theory)系统性风险:(systematic risk)非系统性风险:(nonsystematic risk)效益边界:(efficient frontier)价值评估:(evaluation)市盈率:(price-earning ratio)资产定价模型:(asset pricing model)资本资产定价模型:(capital asset pricing model,CAPM)无风险资产:(risk-free assets)市场组合:(market portfolio)多要素模型:(multifactorCAPM)套利定价理论:(arbitrage pricing theory,APT)期权加价:(option premium)内在价值:(intrinsic value)时间价值:(time value)执行价格:(strike price)看涨期权:(call option)看跌期权:(put option)对冲型的资产组合:(hedge portfolios)套利:(arbitrage)无套利均衡:(no-arbitrage equilibrium)均衡价格:(equilibrium price)多头:(long position)空头:(short position)动态复制:(dynamic replication)头寸:(position)风险偏好:(risk preference)风险中性:(risk neutral)风险厌恶:(risk averse)风险中性定价:(risk-netural pricing)24.商业银行业务与管理银行负责业务:(liability business)存款:(deposit)活期存款:(demand deposit)支票存款:(check deposit)透支:(overdraft)定期存款:(time deposit)再贴现:(rediscount)金融债券:(financial bond)抵押贷款:(mortgage loan)信用贷款:(credit loan)通知贷款:(demand loan)真实票据论:(real bill doctrine)商业贷款理论:(commercial loan theory)证券投资:(portfolio investment)中间业务:(middleman business)表外业务:(off-balance sheet business)无风险业务:(risk-free business)汇款:(remittance)信用证:(letter of credit)商品信用证:(commercial letter of credit)代收业务:(business of collection)代客买卖业务:(business of commission)承兑网络银行:(internet bank)虚拟银行:(virtual bank)企业对个人:(B2C)企业对企业:(B2B)挤兑:(bank runs)资产管理:(assets management)自偿性:(self-liquidation)可转换性理论:(convertibility theory)预期收入理论:(anticipated income theory)负债管理:(liability management)资产负债综合管理:(comprehensive management of assets and liability)风险管理:(risk management)在险价值:(value at risk,VAR)25.货币经济与实际经济两分法:(dichotomy)实际经济:(real economy)货币经济:(monetary economy)虚拟资本:(monetary capital)泡沫经济:(bubble economy)虚拟经济:(virtual economy)货币中性:(neutrality of money)相对价格:(relative price)货币面纱:(monetary veil)瓦尔拉斯均衡:(Walras equilibrium)一般均衡理论:(theory of general equilibrium)超中性:(super-neutrality)26.金融发展与经济增长金融发展:(financial development)金融自由化:(financial liberalization)金融深化:(financial deepening)金融压抑:(financial repression)金融机构化:(financial institutionalization)分层比率:(gradation ratio)金融相关率:(financial interrelation ratio,FIR)货币化率:(monetarization ratio)脱媒:(distintermediation)导管效应:(tube effect)27.金融脆弱性与金融危机金融脆弱性:(financial fragility)金融风险:(financial risk)长周期:(long cycles)安全边界:(margins of safety)汇率超调理论:(theory of exchange rate over shooting)金融危机:(financial crises)资产管理公司:(asset management corporation,AMC)金融恐慌:(financial panic)优先/次级抵押贷款债券:(senior/subordinate structure) 28.金融监管金融监管:(financial regulation)公共选择:(public choice)最低资本要求:(minimum capital requirements)监管当局的监管:(supervisory review process)市场纪律:(market discipline)宏观审慎框架:(macro-prudential framework)分行:(branch)子行:(subsidiary)并表监管:(consolidated supervision)。

6-3资本市场

6-3资本市场

(二)债券交易市场
• 1.债券交易的组织形式和交易方式 • 债券流通市场在交易方式、市场结构、上市标 准等方面与股票相类似。但两者还存在一些差别: 如股票交易采取“市场集中制”,而债券市场,即 使是上市牌号,也未必一定要在市场上买卖,通常 在交易所上市的是长期有息国债、各种以国内货币 为面值的外债、可转换公司债以及一部分金融债券 和普通公司债券等。债券的柜台交易不像交易所那 样竞买竞卖,而是由买卖双方议价交易。因而,即 使在同一时间、同一场所就同一牌号的证券进行交 易,也有可能以各种不同价格签订买卖合同。
是指只向少数特定的投资者发行股票的发 行方式。发行对象主要有个人投资者,如 使用发行公司产品的用户或本公司的职工; 机构投资者,如大的金融机构或与发行者 有密切业务往来关系的公司。
发行程序
设计准备阶段
由发行者拟定设立方案,成立筹 备工作组进行资产评估、财务审 议、拟定股票发行方案。 发行者必须向政府有关部门提出 正式书面申请并提交申请书、可 行性研究报告等有关文件,并经 过国务院授权的部门或省级人民 政府批准。 发行者的设立申请获得批准后, 即可按规定发行股票。
(一)股票交易市场
• 1.股票交易市场的组织结构 • (1)证券交易所。证券交易所是指由证券管理部门批准的, 为证券的集中交易提供有关设施和各项服务的固定场所。证 券交易所的组织形式可分为公司制和会员制两种。 • (2)场外交易市场。场外交易市场是相对于证券交易所而 言的,凡是在证券交易所之外的股票交易活动都可称作场外 交易。 • (3)第三市场。第三市场是指原来在证交所上市的股票移 到场外进行交易而形成的市场。这个市场的交易主体主要是 一些机构投资者,如银行的信托部、保险公司等。 • (4)第四市场。第四市场是各机构绕开经纪人而直接利用 计算机网络进行大宗证券交易的市场。

证券和股票英语术语专业词汇

证券和股票英语术语专业词汇

证券和股票英语术语专业词汇如今各行各业都有自己的专业术语,证券和股票亦是如此,下面是店铺整理的证券和股票英语术语,希望这些英语词汇能帮到大家。

证券和股票英语术语证券 securities证券法 securities law资本市场 capital market证券市场 securities market中国证券监督管理委员会China Securities Regulatory Commission (CSRS)股票、股权 share; equity; stock上市公司 listed company机构投资者 institutional investor个人投资者/散户 retail / private investor证券中介机构 securities intermediary证券公司;券商 securities company; broker-dealer自营 proprietary trading证券交易所 securities exchange纽约证券交易所 NYSE,New York Stock Exchange巴黎证券交易所 Paris Bourse交易大厅 trading floor证券登记结算机构securities registration and clearing institution证券行业自律组织 self-regulatory organization for securities 证券监督管理机构 securities regulatory authority证券发行 offering of securities; issuing of securities证券分析 securities analysis公开发售 public offering; distribution配股 rights issue/offering红股 bonus share;红利;股息 dividend购买力 purchasing(Buying) Power招股说明书 prospectus新股/初始公开发行 initial public offering(IPO)收购兼并 merger and acquisition资产重组 reorganization证券发行审核制度 verification system for securities offering 发行人 issuer机构投资者 institution公开发行 public offering私募发行 private offering; private placement发行价格 issuing price平价发行 face value issuing证券和股票英语专业术语溢价发行 premium issuing折价发行 discounted issuing新发行 new issue发行日 offering date已发行流通股 issued-and-outstanding Stocks认购比率 subscription ratio股东 stockholders ; principals登记日 record date承销 underwriting承销团 underwriting syndication上市 listing of securities上市公司 listed company被摘牌的公司被摘牌的公司 delisted company上市辅导 pre-listing tutoring上市推荐人 listing sponsor证券交易 trading of securities主板市场 main board二板市场 second board创业板市场 start-up board高科技板块 high-tech sector场内交易 on board transaction场外交易 off board transaction柜台交易 over-the-counter transaction信用交易 margin transaction流动性 liquidity; marketability流通性 negotiability要价 offer卖方要价 offering (asked) Price场外委托 off-floor order场内委托 on-floor orde对敲指令 matched orders市场价格 market price市场价值 market value面值 face value除息日 ex-dividend(XD)(without dividend) date到期日 expiration date除权 ex-right(XRT)证券和股票常用英语术语行情显示 on the tape股市行情 the ups and downs of the stock market 大盘 the big board行情看涨 Bullish行情看跌 Bearish股价指数 index成份指数 component indexCAC-40 Index 法国巴黎CAC-40指数道琼斯工业指数 Dow Jones industrial average(DJIA)德国法兰克福DAX指数Frankfurt DAX Index英国伦敦金融时报指数 London's FTSE 100那斯达克NASDAQ,National Association of Securities Deal Automated Quotations日经指数 Nikkei Index拉塞尔2000指数 the Russell 2000标准普尔500指数 the Standard and Poor's 500交易授权 trading authorization当日委托指令 day order竞价系统 ask-bid system开盘价 opening开盘委托指令 opening only order收盘价 close收盘指令 At-the-Close Order按市价 At-the-Market下降顶点趋势 descending tops回调谷 dip整理区 distribution area双底 double bottom双顶 double top托盘 holding the market横盘 horizontal price movement支撑区 support支撑线 support level趋势 trend趋势线 trendline总成交量 total volume行情显示系统 ticker tape抛售 dumping跳水 in the tank放量(买/卖) climax(buying/selling)清仓 liquidation价差 spread冻结账户 frozen account证券和股票行业英语词汇带翻译攫利者 stag暴利windfall profit滞帐 stagflation萧条 stagnation旺市 tight market疲软市场 soft market提供消息 tip投机 speculation(股票指数)创历史新高 record high总成本 total cost交易日 trade date交易商 trader交易授权 trading authorization买空 short purchase卖空 short sale平仓交易 closing transaction佣金 commission股票交易印花税 stamp tax for stock transaction股票交易所得税 capital gains tax for stock transaction 证券结算 securities settlement清算 clearing交收 delivery市盈率 price-earning ratio每股收益率 earning per share (EPS)换手率 turnover rate业绩报表 earning report财务报表 financial statement损益表 income statement信息披露 information disclosure金融违规行为 financial irregularities /improprieties 证券欺诈 securities fraud虚报盈利 inflate profits虚假帐务 deceptive accounting内幕交易 insider trading内幕人 insider操纵市场 manipulation of securities market关联交易 related-party transaction股票 stock。

常见的金融词汇中英对照

常见的金融词汇中英对照

常见的金融词汇中英对照1. 金融市场 (Financial Markets)金融市场是指用于实现资金交易和资金融通的场所,包括股票市场、债券市场、外汇市场和商品市场等。

•股票市场 (Stock Market): the market for buying and selling shares of publicly traded companies.•债券市场 (Bond Market): the market for buying and selling bonds.•外汇市场 (Foreign Exchange Market): the market for trading foreign currencies.•商品市场 (Commodity Market): the market for trading commodities such as oil, gold, and agricultural products.2. 资本市场 (Capital Market)资本市场是指长期融资和投资的市场,包括股票市场和债券市场等。

•股票市场 (Stock Market): the market for buying and selling shares of publicly traded companies.•债券市场 (Bond Market): the market for buying and selling bonds.3. 证券 (Securities)证券是指可以转让和交易的金融工具,包括股票、债券、证券投资基金等。

•股票 (Stocks): shares of ownership in a company that can be bought and sold on a stock market.•债券 (Bonds): debt securities issued by governments, corporations, or other organizations to raise capital.•证券投资基金 (Mutual Funds): investment funds that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, orother securities.4. 风险管理 (Risk Management)风险管理是指识别、评估和处理金融交易和投资中的各种风险,以减少损失和提高效益。

资本市场(capitalmarket)

资本市场(capitalmarket)

资本市场(capitalmarket)
亦称“长期金融市场”、“长期资金市场”。

期限在一年以上各种资金借贷和证券交易的场所。

资本市场上的交易对象是一年以上的长期证券。

因为在长期金融活动中,涉及资金期限长、风险大,具有长期较稳定收入,类似于资本投入,故称之为资本市场。

构成我国具有典型代表意义的资本市场包括四部分:(1)国债市场。

这里所说的国债市场是指期限在一年以上、以国家信用为保证的国库券、国家重点建设债券、财政债券、基本建设债券、保值公债、特种国债的发行与交易市场。

(2)股票市场。

包括股票的发行市场和股票交易市场。

(3)企业中长期债券市场。

(4)中长期放款市场,该市场的资金供应者主要是不动产银行、动产银行;其资金投向主要是工商企业固定资产更新、扩建和新建;资金借贷一般都需要以固定资产、土地、建筑物等作为担保品。

特点资本市场的特点:(1)融资投资期限长,有的可长达数十年甚至没有期限;(2)融资目的主要是用于长期资金的使用,如用于固定资产的投资;(3)风险较高。

这主要是因为时间长,受到资本市场内外各种不确定因素的影响大。

金融市场英文词汇搜集(Term of capital market and money market)

金融市场英文词汇搜集(Term of capital market and money market)

Basic terminology of Wall StreetCapital Market(Financing, Security, Senior Security, Securities Act (1933), )Stock(Preferred Stock, Common Stock, Stock Split, Short Sale, Buy Long, Dividend, Stock Dividend, DRIP Dividend reinvestment plan, Volume, Price Earning rate, Odd lot, round lot, Odd lot differential, Float)MarginOption(OCC Option Clearance Corporation, )PremiumStriking PriceCall OptionPut OptionExpiration dateFutureBondCouponJunk bondsDebentureConvertible debentureFundOpen-end FundMutual FundClose-end FundHedge FundMoney MarketCapital Market,资本市场,主要用于大于一年的投资。

(Financing, 融资,资本市场存在的目的。

Security, 证券。

Securities Act (1933), 证券法案,Senior Security, 优先级证券,包括债券和优先股。

)Stock,股票(Preferred Stock, 优先股间于Bond和Common Stock红利,由董事会决定是否分发当年红利,董事会可决定将优先股的红利用于再投资,在资金充足时再发放。

索偿权,债券持有人对不按时支付利息的,可以通过法律来强制索取,优先股不可。

Common Stock, 普通股Convertible Preferred Stock,可转换优先股,可转换成普通股。

常见金融词汇大全专业单词带翻译

常见金融词汇大全专业单词带翻译

常见金融词汇大全专业单词带翻译bigmac,big/large-captock,mega-iue大盘股offering,lit上市boure证交所corporatechampion龙头企业ShanghaiE某change上海证交所penionfund养老基金mutualfund共同基金hedgemutualfund对冲式共同基金hare股票valuation股价underwriter保险商governmentbond政府债券avingaccount储蓄帐户equitymarket股市hareholder股东delit摘牌mongey-loer亏损企业inventory存货takeholder利益相关者tranparency透明度Mnbc:Microoftnationalbroadcat微软全国广播公司marketfundamentalit市场经济基本规则damage-contralmachinery安全顾问efficientmarket有效市场intellectualproperty产权opportuniticpractice投机行为bribery行贿entrepreneur企业家cookthebook做假帐regulatoryytem监管体系audit审计accountingfirm会计事务所GreatDepreion大萧条portfolio投资组合money-market短期资本市场capitual-market长期资本市场volatility波动diverification多元化realetate房地产option期权calloption看涨期权putoption看跌期权merger并购arbitrage套利dollartandard美元本位制flight贬值budget预算deficit赤字baddebt坏帐output产值macroeconomic宏观经济ficaltimulu财政刺激atoreofvalue保值tranactioncurrency结算货币forwarde某change期货交易interventioncurrency干预货币Treaurybond财政部公债currnt-account经常项目pickupinrice物价上涨FederalReerve美联储inflation通货膨胀deflation通货紧缩tightercredit紧缩信贷monetarypolicy货币政策awahine某cecapacity生产力过剩foreighe某change外汇。

经济学基本词汇英文对照

经济学基本词汇英文对照

经济学基本词汇英文对照1. 供需关系(Supply and Demand)在经济学中,供需关系是指商品或服务的供给量与需求量之间的关系。

当供给量大于需求量时,价格往往下降;反之,当需求量大于供给量时,价格则会上升。

2. 市场均衡(Market Equilibrium)市场均衡是指在一个市场中,商品的供给量和需求量达到平衡状态,此时商品的价格稳定。

3. 边际效用(Marginal Utility)边际效用是指消费者在消费过程中,每增加一单位商品所获得的额外满足感。

随着消费量的增加,边际效用逐渐递减。

4. 机会成本(Opportunity Cost)机会成本是指为了得到某种东西而放弃的其他最有价值的机会。

在做决策时,我们需要考虑机会成本。

5. 生产要素(Factors of Production)生产要素是指在生产过程中所使用的资源,主要包括劳动力、土地、资本和企业家精神。

6. 宏观经济学(Macroeconomics)宏观经济学研究的是整个国家或地区的经济总量、经济增长、通货膨胀、失业等经济现象。

7. 微观经济学(Microeconomics)微观经济学研究的是个体经济单位(如家庭、企业)在资源有限的情况下如何进行选择,以及这些选择如何影响市场价格和资源配置。

8. 总需求(Aggregate Demand)总需求是指一个国家或地区在一定时期内,所有消费者、企业、政府和外国购买者对最终产品和服务的需求总和。

9. 总供给(Aggregate Supply)总供给是指一个国家或地区在一定时期内,所有生产者愿意提供的最终产品和服务的总量。

10. 通货膨胀(Inflation)通货膨胀是指货币供应量增加,导致物价普遍上涨,购买力下降的经济现象。

11. 失业(Unemployment)失业是指有劳动能力并愿意工作的人未能找到工作的情况。

失业率是衡量一个国家或地区经济状况的重要指标。

12. 货币政策(Monetary Policy)货币政策是指中央银行通过调整货币供应量和利率等手段,以达到控制通货膨胀、促进经济增长等目标的政策。

第03章资本市场

第03章资本市场

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证券交易所的会员制度
为了保证证券交易有序、顺利地进行, 各国的 证交所都对能进入证交所交易的会员作了资 格限制。各国确定会员资格的标准各不相同, 但主要包括会员申请者的背景、能力、财力、 有否从事证券业务的学识及经验、信誉状况 等。
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证券交易所的上市制度
(三)中国主要的股价指数
1.上海证券交易所股价指数
(1)指数系列
目前,上海证券交易所股价指数系列共包括四 类十个指数:第一, 成份指数:上证180指数, 其前身为上证30指数。第二,综合指数:上证 综合指数。第三,分类指数:上证A股指数、 上证B股指数、上证工业类指数、上证商业类
指数、上证房地产业类指数、上证公用事业类
(1)市价委托(Market Order)。 (2)限价委托(Limit Order)。 (3)停止损失委托(Stop Order)。 (4)停止损失限价委托(Stop Limit
Order)。
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信用交易
信用交易又称垫头交易或保证金交易,是指证券买
者或卖者通过交付一定数额的保证金,得到证券经 纪人的信用而进行的证券买卖。信用交易可以分为 信用买进交易和信用卖出交易。
加权股价平均 1nin数 1PiQi
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(二)股价指数的计算
股价指数(Indexes)是反映不同时点上股价 变动情况的相对指标。通常是将报告期的股 票价格与选定的基期价格相比,并将两者的 比值乘以基期的指数值,即为报告期的股价 指数。股价指数的计算方法主要有两种:简 单算术股价平指数和加权股价指数。
综合指数类的指数股是全部股票(A股和B股)。

常见金融英语词汇汇集_财务英语词汇

常见金融英语词汇汇集_财务英语词汇

offering,list 上市bourse 证交所corporate champion 龙头企业shanghai exchange 上海证交所pension fund 养老基金mutual fund 共同基金hedge mutual fund 对冲式共同基金share 股票valuation 股价underwriter 保险商government bond 政府债券saving account 储蓄帐户equity market 股市shareholder 股东delist 摘牌mongey-loser 亏损企业inventory 存货traded company,trading enterprise 上市公司stakeholder 利益相关者transparency 透明度msnbc:microsoft national broadcast 微软全国广播公司market fundamentalist 市场经济基本规则damage-contral machinery 安全顾问efficient market 有效市场intellectual property 知识产权opportunistic practice 投机行为worldcom 世通公司bribery 行贿entrepreneur 企业家cook the book 做假帐regulatory system 监管体系audit 审计accounting firm 会计事务所great depression 大萧条portfolio 投资组合money-market 短期资本市场capitual-market 长期资本市场volatility 波动diversification 多元化commodity 期货real estate 房地产option 期权call option 看涨期权put option 看跌期权merger 并购arbitrage 套利securities&exchange commission 〈美〉证券交易委员会dollar standard 美元本位制flight 贬值budget 预算deficit 赤字bad debt 坏帐output 产值macroeconomic 宏观经济fiscal stimulus 财政刺激a store of value 保值transaction currency 结算货币forward exchange 期货交易intervention currency 干预货币treasury bond 财政部公债currnt-account 经常项目pickup in rice 物价上涨federal reserve 美联储inflation 通货膨胀deflation 通货紧缩tighter credit 紧缩信贷monetary policy 货币政策awash in excess capacity 生产力过剩foreigh exchange 外汇spot transaction 即期交易forward transaction 远期交易option forward transaction 择期交易swap transaction 调期交易quote 报价settlment and delivery 交割buying rate 买入价selling rate 卖出价spread 差幅contract 合同at par 平价premium 升水discount 贴水direct quoation method 直接报价法indirect quoation method 间接报价法dividend 股息domestic currency 本币floating rate 浮动利率parent company 母公司credit swap 互惠贷款venture capital 风险资本virtual value 虚拟价值physical good 物质产品abstract good 抽象产品patent&trademark office 专利与商标局book value 帐面价值physical capital 实际资本ipo:initial public offering 新股首发job machine 就业市场welfare capitalism 福利资本主义collective market cap 市场资本总值golbal corporation 跨国公司transnational status 跨国优势transfer price 转让价格general accounting office 〈美〉会计总会consolidation 兼并leveraged 杠杆。

资本市场(语义)

资本市场(语义)

资本市场 Capital markets同义词:UF:2 资金市场Capital market3 市场(资本)Markets (capital)4 货币市场Money market上位词:BT:5 企业融资Corporate finance6 要素市场Factor markets7 财经Finance8 金融市场Financial markets9 市场Markets…………下位词:NT:10 亚洲货币市场Asian currency markets11 资本市场监管Capital market supervision12 现金市场Cash markets13 衍生品市场Derivative markets14 一手市场Direct markets15 国内资本市场Domestic capital markets16 欧洲债券市场Eurobond markets17 欧洲货币市场Eurocurrency markets18 外汇市场Exchange markets19 黄金市场Gold markets20 国际资本市场International capital markets21 国际金融市场International financial markets22 本地资本市场Local capital markets23 货币市场Money markets24 在场外交易市场Over the counter markets25 主要市场Primary markets26 私人资本市场Private capital markets27 二级市场Secondary markets28 股市Stock markets…………相关词:RT:30 进入资本市场Access to capital markets31 套利Arbitrage32 银行利率Bank rates33 资本Capital34 资本预算Capital budgeting35 资本市场发展Capital market development36 资本市场发展Capital market growth37 资本市场一体化Capital market integration38 资本市场项目Capital market projects39 资本市场监管Capital market regulation40 资本市场结构Capital market structure41 资本市场的波动Capital market volatility42 资本市场风险Capital markets risk43 资本化率Capitalization rates44 商业银行Commercial banks45 挤出效应Crowding out46 货币Currencies47 债务融资Debt financing48 新兴市场Emerging markets49 股权融资Equity financing50 金融一体化Financial integration51 金融中介Financial intermediation52 长期金融工具Long term financial instruments53 长期成熟Long term maturity54 钱Money55 货币市场基金Money market funds56 货币供应Money supply57 房地产Real estate58 国债Treasury bonds…………资本市场Capital markets上位词系60 BT1:企业融资BT1: Corporate finance61 BT2:金融 BT2: Finance62 BT3:金融与债务 BT3: Finance & debt63 BT1:要素市场BT1: Factor markets64 BT2:市场 BT2: Markets65 BT3:经济学 BT3: Economics66 BT4:社会科学 BT4: Social sciences67 BT5:科学 BT5: Sciences6869 BT1:金融BT1: Finance70 BT2:金融与债务 BT2: Finance & debt71 BT1:金融市场BT1: Financial markets72 BT2:金融 BT2: Finance73 BT3:金融与债务 BT3: Finance & debt74 BT2:市场 BT2: Markets75 BT3:经济学 BT3: Economics76 BT4:社会科学 BT4: Social sciences77 BT5:科学 BT5: Sciences7879 BT1:市场BT1: Markets80 BT2:经济学 BT2: Economics81 BT3:社会科学 BT3: Social sciences82 BT4:科学 BT4: Sciences8384 下位词系85 NT1 :亚洲货币市场NT1: Asian currency markets86 NT2:亚洲美元市场 NT2: Asian dollar markets87 NT1 :资本市场监管NT1: Capital market supervision88 NT1 :现货市场NT1: Cash markets89 NT1 :衍生市场NT1: Derivative markets90 NT2:国际衍生品市场 NT2: International derivative ma91 NT1 :直接市场NT1: Direct markets92 NT2:现金市场 NT2: Cash markets93 NT1 :国内资本市场NT1: Domestic capital markets94 NT1 :欧洲债券市场NT1: Eurobond markets95 NT1 :欧洲货币市场NT1: Eurocurrency markets96 NT2:欧洲美元市场 NT2: Eurodollar markets9798 NT1 :外汇市场NT1: Exchange markets99 NT2:商业外汇市场 NT2: Commercial exchange markets 100 NT2:双外汇市场 NT2: Dual exchange markets101 NT2:外汇市场活动 NT2: Exchange market activity 102 NT2:外汇业务 NT2: Exchange operations103 NT2:免费外汇市场 NT2: Free exchange markets104 NT2:官方外汇市场 NT2: Official exchange markets 105 NT2:并行外汇市场 NT2: Parallel exchange markets 106 NT1 :黄金市场NT1: Gold markets107108 NT1 :国际资本市场NT1: International capital markets 109 NT2:欧洲美元市场 NT2: Eurodollar market110 NT2:欧洲美元市场 NT2: Eurodollar markets111 NT2:国际债券市场 NT2: International bond markets 112 NT3 :欧洲债券市场 NT3: Eurobond market113 NT3 :欧洲债券市场 NT3: Eurobond markets114 NT2:国际金融市场 NT2: International financial mar 115116 NT1 :国际金融市场NT1: International financial marke 117 NT1 :本地资本市场NT1: Local capital markets118 NT1 :货币市场NT1: Money markets119 NT2:国内货币市场 NT2: Domestic money markets 120 NT1 :在场外交易市场NT1: Over the counter markets121 NT2:纳斯达克 NT2: NASDAQ122 NT1 :主板市场NT1: Primary markets123 NT2:债券市场 NT2: Bond market124 NT2:债券市场 NT2: Bond markets125 NT3 :债券问题 NT3: Bond issues126 NT4 :国际复兴开发银行贷款 NT4: Borrowings by IBRD 127 NT5:合格借款 NT5: Qualified borrowings 128 NT4 :国际金融公司借贷 NT4: Borrowings by IFC129 NT5:从政府借款 NT5: Borrowings from gover 130 NT5:从国际复兴开发银行借款 NT5: Borrowings from IBRD 131 NT6:整笔借款 NT6: Lump sum borrowings 132 NT6:主贷款协议 NT6: Master loan agreeme 133 NT6:配套资金借贷 NT6: Matched fund borrow 134 NT5:取消借款 NT5: Cancellations of borr 135 NT5:市场借贷 NT5: Market borrowings 136 …………137 NT7:英国英镑借贷市场 NT7: UK pound sterling 138 NT7:美元市场借款 NT7: US dollar market 139 NT4 :政府义务 NT4: Government obligations 140 NT5:国库券 NT5: Treasury bills141 NT5:国债 NT5: Treasury bonds142 NT5:国库券 NT5: Treasury notes143 NT4 :国际复兴开发银行债券 NT4: IBRD bond issues144 NT4 :市政债券 NT4: Municipal bonds145 NT5:一般责任债券 NT5: General obligation bo 146 NT5:垃圾填埋场关闭后的维护债券 NT5: Post closure landfill 147 NT5:收入债券 NT5: Revenue bonds148 NT6:市政收益债券 NT6: Municipal revenue b 149 NT6:自支撑债券 NT6: Self supporting bon 150 NT6:特殊用途债券 NT6: Special purpose bon 151 NT5:短期市政债券 NT5: Short term municipal 152 NT6:市政笔记 NT6: Municipal notes 153 NT5:免税债券 NT5: Tax exempt bonds 154 NT5:免税市政债券 NT5: Tax exempt municipal 155 NT6:免税市政债券收益率 NT6: Tax exempt municipa 156 NT5:纳税市政债券 NT5: Taxable municipal bon 157 NT4 :短期债券 NT4: Short term bond issues 158 NT4 :国债 NT4: Treasury bonds159 NT3 :国际债券市场 NT3: International bond market 160 NT4 :欧洲债券市场 NT4: Eurobond market161 NT4 :欧洲债券市场 NT4: Eurobond markets162 NT2:新证券 NT2: New securities163 NT1 :私人资本市场NT1: Private capital markets164 NT1 :二级市场NT1: Secondary markets165 NT2:拍卖市场 NT2: Auction markets166 NT3 :美国证券交易所 NT3: American Stock Exchange 167 NT3 :兑换 NT3: Exchanges168 NT4 :在盘后交易 NT4: After hours trading 169 NT4 :亚洲股市 NT4: Asian stock exchanges 170 NT4 :联交所会员 NT4: Associate exchange memb 171 NT4 :Autex NT4: Autex172 NT4 :自动订单输入系统 NT4: Automated Order Entry S 173 NT4 :借壳上市 NT4: Backdoor listing174 NT4 :交易所 NT4: Bourse175 NT4 :芝加哥期权交易所 NT4: Chicago Board Options E 176 NT4 :芝加哥商品交易所 NT4: Chicago Mercantile Exch 177 NT4 :商品交易所 NT4: Commodity exchanges 178 NT4 :外汇经纪 NT4: Exchange brokers179 NT4 :外汇楼层 NT4: Exchange floors180 NT4 :金融期货交易所 NT4: Financial futures excha 181 NT4 :期货交易所 NT4: Futures exchanges182 NT4 :投资银行 NT4: Investment banks183 NT5:欧洲投资银行 NT5: European Investment B 184 NT5:北欧投资银行 NT5: Nordic Investment Ban 185 NT4 :纳斯达克 NT4: NASDAQ186 NT4 :纽约期货交易所 NT4: New York Futures Exchan 187 NT4 :纽约证券交易所 NT4: NYSE188 NT4 :期权交易所 NT4: Options exchanges189 NT4 :在柜台交易所 NT4: Over the counter exchan 190 NT4 :区域交流 NT4: Regional exchanges 191 NT4 :证券交流 NT4: Securities exchanges 192 NT4 :第三市场 NT4: Third markets193 NT3 :纽约证券交易所 NT3: New York Stock Exchange 194 NT3 :太平洋证券交易所 NT3: Pacific Stock Exchange 195 NT2:现钞市场 NT2: Cash markets196 NT2:货币市场 NT2: Money markets197 NT3 :国内货币市场 NT3: Domestic money markets 198 NT2:在场外交易市场 NT2: Over the counter markets 199 NT3 :纳斯达克 NT3: NASDAQ200 NT1 :股市NT1: Stock markets201 NT2:国内股市 NT2: Domestic stock markets 202 NT2:金融深化 NT2: Financial depth203 NT2:全球股市 NT2: Global stock market204 NT2:纳斯达克市场营销体系 NT2: NASDAQ marketing system 205 NT2:股市入场 NT2: Stock market admission 206 NT2:股市改革 NT2: Stock market reforms207 …………。

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THE DEFECTS AND
COUNTERMEASURES OF THE CHINESE
CAPITAL MARKET ARE STUDIED
ABSTRACT
This text proceeds from reality of China, approve development of more than ten years of capital market at first: The setting-up of the capital market is a great change in the course of reform and opening-up of our country, and its growth and strengthens will be of our country characteristic socialist market economic healthy, fast-developing engine. Then it carries on overall analysis, points out several defects, questions that the capital market exists, for instance, defects of itself, defects of listing company, questions of intermediary, imperfects of legal system, questions of investors, behaviors of government, etc. It treats, and analyzes these questions to come with view of dialectical materialism afterwards. Finally, to the questions that the capital market exists in it puts forward some countermeasures with feasible reality. Coda afterwards it mentions gentle meaning of these; carries on these reforms of capital market with shoulder heavy responsibilities.
KEY WORDS: Capital Market, Listing Company, Company Administration, Information Disclosure, Market Inspection
1.Introduction
2.The defects and problems existing in the development of Chinese capital market
(1)The defects of capital market itself
(2)The structure and the system of information disclosure defects of listed company
(3)The defects of capital market regulation system
(4)The problems existing in the capital market intermediaries
3.How to correctly view defects and problems of the capital market?
4.The countermeasures to solve the shortcomings and the problem
of Chinese capital market
(1)Completely solve the structural defects of listed company
(2)To further perfect the information disclosure system
(3)The solution of the problem should be focused on the capital market itself
(4)Give full play to the role of the capital market intermediaries
(5)Strengthen the legislation, standardize the government behavior, perfect the supervision system
5.Conclusions and discussions
Chinese capital market defects and countermeasures is the subject of many experts
and scholars to solve the problem, but each person's point of view is different,it is hard to agree on finally.I think that the theory cannot be applied in practice,Because the government simply don't know which one is right,it is said that More appropriate to China's national conditions, make the reform efforts, development speed and the extent to which people can accept.In my opinion ,if you want to play the quickly and effectively role of the theory to guide practice you should take from hundreds of advantages in theory , formed a set of complete system, and make use of practice.That is my intention of writing this thesis, the article not only contains the current of many famous experts and scholars point of view, but also according to the status of China's capital market from other industries for reference to the theory and method.I hope my paper can play a role on Chinese capital market reform and development.
References
王开国:《我国资本市场发展中的瓶颈问题及对策》Bottleneck problems and countermeasures in the development of capital market in China
王国刚:《中国资本市场的深层问题》The deep problems of Chinese capital market 刘鸿儒:《探索中国资本市场发展之路》The development of China's capital market 曹凤歧:《中国资本市场发展战略》China's capital market development strategy。

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