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投资银行相关英语

投资银行相关英语
投资银行相关英语

夙凤紫荆教育

收获

1 构词法

2 美国金融

3 会计学

第一课

吸储放贷

Accept deposit and make loans

商业银行

Commercial bank

零售业务

Retailing banking retail 零售banking 业务Specialize in

专门从事某种事情

Individual

个体的

规律:

动词+Ing 变为动名词,表示一个process 进程Bank banking

Market marketing 市场营销

Distribute 分配(分开各自建设各自的)Expertise 专业技能expert 专家

Advising on 对。。。提出建议

A s s i s t i n g c l i e n t s g e t t h e m o n e y t h e y n e e d 定语从句,get they need the money

Surplus 剩余的顺差(表面是加号)

Current need 当前需求

Proper 恰当的

Realities 现实

Financial instrument 金融工具

Carry out 执行Execute / Implement

Financial position 财务状况

Achieve 实现accomplish

Road map 路线图

Process 进程progress 进步(呱唧呱唧手是进步)

评估assess /evaluate /appraise/measure

A还是E 表扬提前做的是评估

Personal live 个人需求

Latest 最新的(最晚的)

Buy out/ acquire 收购

Prosper 繁荣

第二课

Business busy的名词形式生意一定很忙

For instance /for example 举例子

Overviews 总览

physical control 有形的控制

Tangible 有形的

Capital 资本

Stock exchange 股票交易所Mechanism ['mek(?)n?z(?)m] 机制

Supply and demand law 供求规律

Merge 合并M代表不断接近

Bonds 债券(很宽泛的)

Issue 发行

Primary school 小学

Subsequent to 在。。。之后

prior to 在。。。之前

mature 成熟到期的

latter 前者former 后者

real estate 房地产(真正拥有的状态)

instead 而不是

rate of return 收益率

profit /income/earnings 利润

fundamental 基本的

context 语境(结合上下文)

term 期限

第三课

There are a variety of ways in which companies can get the money they need, which is referred to as exchange(交易)。修饰的是整个句子,而非money 或者ways

Well-developed 良好发展

Well-established 良好建立

Well-defined 良好界定

Intermediaries (在里面的媒体)中介

Mutual 共同的(一块儿学习)

Mortgage 抵押

Pension funds 养老基金

Venture capital company 风投(VC)adventure Listed shares 挂牌股票

Commodity 商品

Over the counter 场外(柜台外面)

Debt 债券

Secure 安全secured 有担保的

Money market 货币市场

preferred stock优先股(股息固定)

Asset=liabilities + equities 资产=负债+权益(股东权益)Particular 特别的

Volume 交易量

Market acceptance 商业票据

Broker 经纪人

optimal Capital structure 最佳资本结构

entitled to 有权利获得

deviation from/departure from 偏离于

current 当前的

interest rate 利率(利益的率?)

corporation 公司

CAPM

股票期望收益=无风险收益+风险溢价

Premium 溢价

第四课

第五课

债券票面利息率10% 面值1000

投资者期望12% 发行价985?

利润除本金

债券的利润1利息收入2买卖价差

折价发行

(1000*10%+1000-X)/X=12% X=982

投资者期望8% 发行价1020?

利润除本金溢价发行

【1000*10%-(X-1000)】/X=8% X=1018 Held to maturity 持有至到期

Obligation 义务

Blue chip 蓝筹股

In case of 万一

Default 违约

第六课

Treasury bill 短期国债

Treasury note 中期国债

Treasury bond 长期国债

Government agencies 联邦政府下属的企业Convertible 可转换的(可动的)

Suggest 说明

A function of =depend on 取决于,比如Y=F(X) Y取决于X的变化而变化

Repayment 偿还

Call provision 赎回条款call=buy

转股溢价率=可转债价格超过转股价值(基数)/转股价值(基数)

1张可转债可换的股数=100元/转股价

1张可转债转股后的价值=(100/转股价)*正股价

转股溢价率=可转债市价/转股价值-1

YTM 持有到期收益率Yield To Maturity

Likely 可能的adj likelyhood=possible

Take in to account 把。。。计算在内

Curve 曲线n

Equate A with B 使A等于B

第七课

Remind 提醒

财务杠杆负债>权益杠杆高反之低

Net asset 净资产

资产=负债+权益权益=资产-负债

(权益也是净资产)

IPO =Initial Public Offerings 首次公开募股

Outstanding杰出=站在外面

Share outstanding在外面流通的股票

Accounts receivable应收账款

Accounts receivable outstanding 尚未收回的应收账款优先股和债券的区别

债券先得债息,优先股后得股息

清偿时,债券优先

债券债息必须给,优先股可以不给股息

利息是在税前扣除的,有抵税的功能,利息费用企业所得税前扣除股息是在税后支付的

Public company 上市公司

国外股票定价模型

P0=D1/(K-G)

P0 股票今天的价格

D1下一期股息

K投资者期望收益率

G 股息增长速度

若股息=0,则股价就变为0了

倒推,每只股票必有股息

中国市场没有股息,是不健全市场

What is more 而且

Offset 取消

会计学公式

净利润=现金股息+留存收益

净利润就两个去向现金股息和留存收益

Appeal 吸引peal大声发出使大声发出目的是吸引

Constant 恒定的

存托凭证帮助美国投资者购买非美国公司股票

比如中国公司拿自己的股票存在美国银行,获得一个凭证,然后美国投资者就可以买这个凭证,相当于持有了中国公司的股票,但是中国公司没有在美国上市,美国投资者也没有来中国买股票,双方都方便

Fixable 可固定的

第八课

Intrinsic value 内在价值

Large numbers of 大量

Academic 学术的

In-depth 有深度的

Predict/forecast 预测

Impact on 对。。。产生影响

Indicate 显示indicator 显示器

A share of value 一份股票

Ongoing concern 持续经营(会计学最重要的假设)

股票的定价模型

P0=D1/(1+k)+D2/(1+k)2…+D n/(1+k)n

折现的过程

P0 股票的价格

D1下一期股息

K 投资者要求的回报率

As mention before 之前提到过

Excess profit 超额利润

教授个人观点

牛顿万有引力定律只是解释了现象,就是为什么手一松,苹果往下掉。但是有没有重力这一回事,谁也不知道。他解释的好,只能说明这个理论的逻辑性很强。经济学的理论也是,只是来解释经济学现象的,如果解释的好,也只能说明这个理论的逻辑性很强,并不代表事实就是这样的

第九课

Followed by 跟随

Driving force 驱动力driver =make something move

screw driver 螺丝刀(不是螺丝司机)

enter entry entrant 进入者

competitive edges/ competiveness/advantage竞争力

process 资产

profit and loss account 损益表时段制over

a balance sheet 资产负债表时点制at

cash flows statement 现金流量表时段制

aggregate综合在一起的

EPS earning per share 每股收益

Of no use=useless 无效的

Of no importance 不重要的

Price to EPS =PE市盈率To 代表除以

企业每赚取一元钱,我愿意多少块钱买过来

市盈率特别高100/1 =100 100元买入股票,每年都分红1块钱,要100年才能回本,有泡沫。说明估值高,缺乏投资价值,因此就产生了泡沫

第十课

Note that 请注意

If something goes wrong 如果出了问题

Annual report 年报

Competent 合格的competition 竞争

Ethics 伦理学ethical 伦理的adj

Consistent with 与。。。保持一致

Conflicts of interest 利益冲突

Prompt /quick 快速的

Organized exchange 交易所

Particular 特别的

Listing 上市delisting 退市

Go private 不想上市

Breadth of ownership 股权广泛度(与透明度有关)股权广泛度越高,

Ultimate 最终的adj Ultimate concern 终极关怀

Emerging market 新兴市场

Access to 进入,获取

Nothing much more adj than 不会比它更怎么样了=它是最有adj Turnover 销售量

Place order 下订单

In addition to/apart from 除。。。以外

Index 指数

Weighted 加权的

Article of incorporation /company charter 公司章程

商务英语短语

商务英语短语 abandonment charge 背弃费用 absolute par of exchange 绝对外汇平价 abritrage rate 套汇汇率 above par 超过票面价值 acceptance commission 承兑手续费 acceptance fee 认付费 acceptance for honor 参加承兑 acceptance house 期票承兑行 acceptor for honor 参加承兑人 accepting bank 承兑银行 accepting charge 承兑费 accident beyond control 非人为事故 account payable 应收帐,应付未付帐 account purchase 赊买 account receivable 应收帐款,应收未收帐 account sales 销货帐,销货清单 account of goods sold 销货帐目 account of receipts and payments 收支帐目account year 会计年度 accounting statement 会计报表 accounting unit 会计单位 accrued expense 应计费用 accrued item 应计项目 accumulation of capital 资本积累 acknowledgement 回单 acknowledgement of orders 订单确认 act of God 天灾 acting manager 代理经理 active demand 畅销 actual cost 实际成本 actual liabilities 实际负债 actual price 实际价 additional expense 追加费用 additional order 追加订货 additional premium 追加保费 adjustment of exchange rate 调整汇价 advalorem duty 从价税 advance in price 涨价 advance payment 预付款 advance price 增价 advance sample 预样 advance settlement of exchange 预交外汇 advance surrender of export exchange 预交出口外汇

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Back pass:背后传球。 Bank shot:擦板球,打板入筐 Baseline:底线。球场两端的边界线。 Basket:篮筐。也作ring,还有一种通俗的说法是hoop。 Bench:替补队员。 Block shot:盖帽(缩写:Blk.)。 Blocking:阻挡犯规。注意:这里用的是动词的ing形式,特指犯规的动作 Blocking Foul:阻挡犯规。 Blooper:(美俚)出洋相,NBA特别善于捕捉这种赛场内外的花絮,而且每 个赛季都要推出当年的“十佳”洋相镜头。 Board:篮板球。ESPN的播音员在播报比赛结果时都爱用这个词。 Boo:嘘声(n);发出嘘声(v)。球迷发泄不满的一种方法。 Bounce pass:击地传球。 Box out:抢篮板球挡人,即抢篮板球时站在对手和篮之间,用身体挡住防守队员的动作。 Box score:技术统计。 Bounce pass:地板反弹传球。 BPG:平均每场盖帽。 Brick:(v)球打在篮筐或篮板上被崩出来。许多公牛队的球迷在客队罚球时都手执一块上写"Brick"的牌子在罚球队员的眼前不停的晃动,扰乱他的视线,以达到干扰罚球的目的。 Bury:投进(一个球),常用于短语bury a jumper,Bury a shot:投篮命中。 Buzzer beater:比赛结束前的最后一投。(buzzer beater = at--the-buzzer ) buzzer是比赛用的蜂鸣器。 C Captian:队长。队长是场上惟一有资格与裁判讨论规则和判罚的人。

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