金融英语阅读复习纲要

金融英语阅读复习纲要

一，名词解释

1) PBC 2) Phase out 3)Laissez-faire 4) IDA 5) IMF 6) BARTER 7) MONEY LAUNDERING 8) OPEN OUTCRY 9) RISK A VERSE

10) IMPLICIT TAXES

11)．有价证券12)．铸币平价13)．浮动利率 14)．到期日15)．可兑换纸币16)．大一统的17)．银根紧缩18)．Commission 19)．treasury bill 20)．Creditor 21）CBRC 22）IFC

二，短语翻译

1). Despite the fact that devaluations occurred and speculative capital

flows were significant, the Bretton Woods arrangements deterred currency substitution so long as the commitment to fix the exchange rates was accepted.

2). The lack of incentive to engage in currency substitution was witnessed

by the fact that the small deviations from mint parity were offset exactly by the costs of transporting the gold between countries.

3). They generally are not appropriate for risk-averse individuals or

investors with short planning horizons.

4). Some UK stocks have bid-ask spreads of 10%.

5) The IFC's policy is to favor joint ventures that have some local capital committed at the outset, or at least the probability of local capital

involvement in the foreseeable future.

6) To date, there have been no defaults on loans made by the World Bank.

7) Rugged individualistic liberalism based upon Anglo-Saxon roots knew, rendering their liberal ideology rigid and dogmatic.

8) The value of a commodity or token used as money also fluctuates, and when there is inflation, its value persistently falls.

9) They put their reputation on the line when they endorse a company's report.

三，句子翻译

1). The control which financial institutions wield over very substantial sums of money also attracts the attention of governments, partly because they may see irresistible opportunities to secure cheap finance for favored borrowers, and partly in view of the economic power attached to control of finance.

2). Most people experience difficulty in spotting whether the lines are switching around so that sometimes the series being forecast is the leading series.

3). If the total par value of the stock issued in the combination is large enough, the dashed boundary shifts downward past additional paid-in capital; the total additional paid-in capital of the combined company is eliminated, and combined retained earning is reduced.

4). Nevertheless, Smith’s classical tenets of economic liberalism—that

minimal state interference in the economy and maximum reliance upon the market result in business productivity and social wealth—still predominate in Anglo-Saxon cultures today.

5). 收集的有关一国或一个项目的财务状况、资金使用、经营能力等方面的信息，比起一个私营的外国企业可能得到的信息，会更为完整和准确。

6). 一些懒人很可能会发现他们已被更有能力的经理所替代了。这种竞争可能会发生在企业之中，但那些经营糟糕的公司更可能被全盘收购，这种形式的接管通常都能带来一支更有活力的管理团队。

7) The "whole earth" approach to political economy--a world view--remains the exception and not the rule. Economists note that their discipline was traditionally called "political economy," the queen of the social sciences dating back at least to Adam Smith's Wealth of Nations, published in 1776.

8) Barter can take place only when there is a double coincidence of wants.

A double coincidence of wants is a situation that occurs when person A wants to buy what person

B is selling and person B wants to buy what person A is selling.

9) 尽管国际货币基金组织只同政府打交道，但其政策和行动对世界

范围的商务具有深刻的影响在解释这种说法之前，我们应该简要了解国际货币基金组织的目标，活动以及他的发展过程。

10) 金融期货与期权是目前全球范围内最具冒险性的金融衍生产品。