财务管理专业英语期末重点
一、单词
Topic1
财务管理financial management
资本预算capital budgeting
资本结构capital structure
股利政策dividend policy
存货inventory
风险规避risk aversion
股东权益stockholder s’ equity
流动负债current liability
Topic2
财务风险financial risk
合伙制企业partnership
私人业主制企业sole proprietorship
收入revenue
主计长controller
财务困境financial distress
股票期权stock option
首次公开发行股票(IPO) initial public offering Topic 3
盈利能力profitability
偿付能力solvency
利润表income statement
有价证券marketable securities
提款withdrawal
应收账款accounts receivable
递延税款deferred tax
Topic4
流动性比率liquidity ratio
权益乘数equity multiplier
资产收益率(ROA) return on assets
毛利gross profit margin
权益报酬率return on equity
市盈率P/E ratio
杠杆比率leverage ratio
息税前盈余(EBIT) earnings before interest and taxes Topic5
货币时间价值time value of money
年金annuity
折现率discount rate
机会成本opportunity cost
递延年金deferred annuity
条款covenant
到期收益率yield to maturity
违约风险default risk
Topic6
组合portfolio
可分散风险diversifiable risk
概率probability
灵敏度分析sensitivity analysis
有效市场假说efficient market hypothesis
套利定价理论(APT) arbitrage pricing theory
资本资产定价模型capital asset pricing model
期望收益expected return
Topic7
资本支出capital expenditure
资本预算capital budget
破产bankruptcy
制造费用overhead
模拟simulation
期后审计post-audit
沉没成本sunk cost
附加效应side effect
Topic8
金融市场financial market
回购repurchase
操纵manipulate
承销underwriting
私人控股公司privately held corporation
公开上市go public
公开发行public offer
加权平均资本成本weighted average cost of capital Topic9
混合证券hybrid security
风险资本venture capital
期权交易option exchange
贷款额度line of credit
租赁lease
最优资本结构optimal capital structure
目标资本结构desired or target capital structure
可转换债券convertible bond
Topic10
股票回购stock repurchase
股票股利stock dividends
股票分割stock split
所有权稀释dilution of ownership
剩余股利政策residual dividend policy
清算股利liquidating dividend
现金股利cash dividends
股票股利stock dividends
Topic11
营运资本管理working capital management
商业票据commercial paper
支出disbursement
信用期限credit period
交易动机transaction motive
短期有价证券marketable security
回购协议repurchase agreement
银行承兑汇票bankers’ acceptance
Topic12
国际财务管理international financial management
国际货币基金组织International Monetary Fund
跨国公司multinational corporation /international corporation
汇率exchange rate
间接标价indirect quotation
贬值depreciate
远期交易forward trade
货币互换currency swap
二、计算公式
1.Capm公式资本资产定价模型公式capital assets pricing model
r i=r RF+(R M- r RF)ßi r RF= risk free rate
资产无风市场风险系数R M= market rate
预期险市回报
回报场利率
率率
2.wacc公式加权平均资本成本weighted average cost of capital
WACC=(k e*w e)+［k d*(1-t)*W d］WACC=［equity/(equity+debt)］*cost of equity*(1-corporate tax rate)
