金融专业英语重点

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1、Primarymarketsfacilitatetheissuanceofnewsecurities.Secondarymarketsfacilitatethetradingofexistingsecurities.StockStocks(alsoreferredtoasequitysecurities)arecertificatesrepresentingpartialownershipinthecorporationsthatissuedthem.MoneymarketThosefinancialmarkctsthat

2、feic订iteitctheflowofshort-termfunds(withmaturitiesoflessthanoneyear)areknownasmoneymarkets.DerivativesecuritiesarefinancialcontractswhosevaluesarederivedfromthevaluesofunderlyingassetsCommercialpaperisashort-termdebtinstmmcntissuedonlybywell-knowncreditworthyfirms

3、andistypicallyunsecured.Repurchaseagreementsrefersthatonepartysei1ssecuritiestoanotherwithanagreementtorepurchasethesecuritiesataspecifieddateandprice.Abanker，sacceptancesindicatesthatabankacccptsrcsponsibilityforafuturepayment.Theyarecommonlyusedforinternationalt

4、radetransactions.StrippedTreasuryBondsThecashflowsofbondsarecommonlytremsformed(转化)bysecuritiesfirmssothatonesecurityrepresentstheprincipalpaymentonlywhileasecondsecurityrepresentstheintorestpayments:aprincipal-only(PO)securityandaninterest-only(10)securityAniniti

5、alpublicofferingisafirst-timeofsharesbyaspecificfirmtothepublicAsecondarystockofferingisanewstockofferingbyaspecificfirmwhosestockisalreadypubliclytraded.Aputoptiongrantstheownertherighttosellaspecifiedfinancialinstrumentforaspecifiedpricewithinaspecifiedperiodoft

6、ime.AmericanoptionTheoptionwhichcanbeexercisedonorbeforethematuritydateiscalledAmericanoptionExercisepriceorstrikeprice:isthepriceatwhichfinancialinstrumentcanbeboughtorsoldinthefuture.Abondindexfuturescontractallowsforthebuyingandsellingofabondindexforaspecifiedp

7、riceataspecifiesdate.TheLoanableFundstheory,commonlyusedtocxplainintcrcstratemovements,suggeststhatthemarketinterestrateisdeterminedbythefactorsthatcontrolthesupplyofanddemandforloanablefunds.DynamicopenmarketoperationThebuyingandseilingofgovernmentsecurities(thro

8、ughtheTradingDesk)isreferredtoasopenmarketoperations.Dynamicoperationsarcimplemontedtoincreaseordecreasetheleveloffunds.EurocommercialPaperAshort-term,u