hold ÂòÈë²¢³ÖÓÐ a financial strategy of maintaining a long-term investment that is expected to provide steady returns into the future
Investment ¡ Szh ¡ Szh u Investment Lenders nsearch Vhost ½ Php 1o Lendersmortgagepayments p
rsearchh Szh s Investment 1tsearchcsearch Lenders n Lenders a
c Investment m Payment a Szh ysearcha1
h Payment searchon1r Investment l Szh i Vhost g Cdnhost i Lendersmortgagepayments tsearchres Php
¡¡¡¡buy into Âò½ø to purchase an amount of stock in a company
¡¡¡¡buy limit order ÏÞ¼ÛÂòµ¥ an order from an investor to a broker to buy securities only if the price is no higher than a particular amount
¡¡¡¡buy on close ÊÕÅ̼ÛÂò½ø an order from an investor to a broker to buy securities when a stock market closes
¡¡¡¡buy on opening ¿ªÅ̼ÛÂò½ø an order from an investor to a broker to buy securities when a stock market opens
¡¡¡¡buy stop order Í£ËðÂòµ¥ an order to buy securities at the current market price only if the security price rises to a predetermined level
¡¡¡¡buy-back »Ø¹º "the repurchase of something such as stock, currency, real estate, or goods, according to a previously made contractual agreement"
¡¡¡¡buyer's credit Âò·½ÐÅ´û the credit availed by an importer (buyer) from overseas lenders i.e banks for payment of his imports on due date
¡¡¡¡buyer's market Âò·½Êг¡ a market which has more sellers than buyers and low prices result from this excess of supply over demand
¡¡¡¡Buy-In ²¹³¥Âò½ø Ͷ×ÊÕßÐèÒªÖØÐ¹ºÂò¹ÉƱ£¬ÒòΪÂô·½²»ÄÜ׼ʱËͽ»Ö¤È¯£¬ÉõÖÁÍêȫûÓÐËͽ»Ö¤È¯
¡¡¡¡buying basis ¹ºÂò»ù×¼ the difference between the spot price of a commodity and the price of the futures contract used as a hedge for the commodity
¡¡¡¡cabotage ÑØº£Ã³Ò× "the trade, shipping, or navigation that takes place in coastal waters within the boundaries of a single country"
¡¡¡¡CAGR ¸´ºÏÄê¾ùÔö³¤ÂÊ Compound Annual Growth Rate
¡¡¡¡Cairns Group ¿¶÷˹¼¯ÍÅ an informal association of agricultural exporting countries that promotes trade reform
¡¡¡¡calendar spread ˮƽ¼Û²î ²»Èç¡°horizontal spread¡±³£ÓÃ
¡¡¡¡call ´ß»¹ to demand repayment of a loan or bond issue
¡¡¡¡call date Êê»ØÈÕÆÚ the date given in a bond for its repayment by the issuer
¡¡¡¡call deposit »îÆÚ֪ͨ´æ¿î "a deposit without prescribed deposit term, and whose withdrawal is made upon a prior notification to the bank"
¡¡¡¡call loan ֪ͨ´û¿î a loan that is repayable on demand
¡¡¡¡call money ֪ͨ·Å¿î the money that has been borrowed and is repayable on demand
¡¡¡¡call option ¿´ÕÇÆÚȨ the option to buy a given stock etc at a given price before a given date
¡¡¡¡call premiium Êê»ØÒç¼Û the excess of the call price of a security over its par value
¡¡¡¡call price Êê»Ø¼Û¸ñ the price at which a security with a call provision can be repurchased by the issuer prior to the security's maturity
¡¡¡¡call provision Êê»ØÌõ¿î a clause in a bond's indenture granting the issuer the right to buy back all or part of an issue prior to the maturity date
¡¡¡¡call risk Êê»Ø·çÏÕ the chance of loss resulting from the early removal of a bond from circulation
¡¡¡¡callable ¿ÉÊê»ØµÄ describes a stock or bond that is convertible before reaching maturity
¡¡¡¡callable bond ¿ÉÊê»ØÕ®È¯ a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at some point before the bond reaches the date of maturity
¡¡¡¡called away ÌáǰÊê»ØµÄ used to describe a bond that is retired before maturity or stock that must be sold because of the exercise of an option
¡¡¡¡cambist Íâ»ã½»Ò×ÉÌ a dealer in foreign exchange
¡¡¡¡cambistry »ã¶Òѧ a science of international exchange
¡¡¡¡CAMELS ÂæÍÕÆÀ¼¶ÖÆ¶È "capital adequacy, asset quality, management quality, earnings, liquidity, sensitivity to market risk"
¡¡¡¡cancellation of insurance Í˱£ "When an insurance filing cancels, an ""Order of Withdrawal Due to Cancellation of Insurance"" is mailed to the customer"
¡¡¡¡cap ÉÏÏÞ "an upper limit on something, e.g. the amount that may be spent on an item"
¡¡¡¡capital adequacy ratio ×ʱ¾³ä×ãÂÊ a ratio of a bank's capital to its risk
¡¡¡¡capital appreciation fund ×ʱ¾ÔöÖµ»ù½ð a mutual fund that concentrates on making investments whose value grows fast rather than those that pay high interest or dividends
¡¡¡¡capital flight ×ʱ¾ÍâÌÓ a situation that capital moves out of a country because of a high inflation etc
¡¡¡¡capital formation ×ʱ¾ÐÎ³É the transfer of savings from individuals and governments to businesses for investment
¡¡¡¡capital gains distribution ×ʱ¾ÊÕÒæ·ÖÅä (mutual fund) an amount paid out periodically to investors relating to growth in the value of the investments held by the fund
¡¡¡¡capital goods ×ʱ¾»õÎï "goods that are used in the production of other goods, as opposed to being sold to consumers"
¡¡¡¡capital inflow ×ʱ¾Á÷Èë "a movement of capital into a country in the form of securities trading, the acquisition of companies, and loans by foreign companies"
¡¡¡¡capital market ×ʱ¾Êг¡ a financial market involving institutions that deal with securities with a life of more than one year
¡¡¡¡capital stock ×ʱ¾´æÁ¿ the total physical capital existing in an economy at any moment of time
¡¡¡¡capital turnover ×ʱ¾ÖÜתÂÊ a profitability ratio equal to annual sales divided by common stockholder equity
¡¡¡¡capital-intensive ×ʱ¾Ãܼ¯ÐÍ using or requiring a proportionately large financial expenditure relative to the amount of labor involved
¡¡¡¡capitalization ×ʱ¾×ܶî "the par value of the total share capital issued by a company, including the loan capital and sometimes reserves"
¡¡¡¡capitated È˾ùµÄ numbered or assessed by or for each person
¡¡¡¡capped option ÓÐÉÏÏÞÆÚȨ an option with a pre-established profit cap
¡¡¡¡captive agent רÊô´úÀíÈË an insurance agent who can sell the policies of only one company
¡¡¡¡Captive Fund רÊô»ù½ð Ö»Ïò³Ö¹É»ú¹¹ÌṩͶ×Ê·þÎñµÄ»ù½ð
¡¡¡¡captive market ¢¶ÏÊг¡ a market in which consumers or businesses are forced to buy something from a single supplier because it cannot be obtained elsewhere
¡¡¡¡CAR ×ʱ¾³ä×ãÂÊ capital adequacy ratio
¡¡¡¡carrying charge ·ÖÆÚ¸¶¿îµÄÀûÏ¢ "interest charged on the unpaid balance of a sum of borrowed money, esp the price of sth. that is being paid for in installments"
¡¡¡¡carrying value ÕËÃæ¼ÛÖµ ²»Èç¡°book value¡±³£ÓÃ
¡¡¡¡cartel ¿¨Ìضû "n alliance of business companies formed to control production, competition, and prices"
¡¡¡¡cartelize ×é³É¿¨Ìضû to form a cartel of business companies
¡¡¡¡carve out ²¿·Ö·Ö²ð to sell a minor equity stake in a division or portion of a company through an IPO
¡¡¡¡carveout ²¿·Ö·Ö²ð a partial spinoff occurs when a parent company sells a minority (usually <= 20%) stake in a subsidiary for an IPO or rights offering
¡¡¡¡cash ¶ÒÏÖ to exchange a check or money order for coins or bills
¡¡¡¡cash account ÏÖ½ðÕË»§ an account with a securities brokerage whose transactions are settled on a cash basis
¡¡¡¡cash advance Ô¤¸¶ÏÖ½ð an amount paid before it is earned
¡¡¡¡cash card Ìá¿î¿¨ a coded plastic card that a bank customer uses to access an account by means of an ATM
¡¡¡¡cash dispenser ×Ô¶¯È¡¿î»ú a computerized device outside a bank which supplies cash when a special card is inserted and the user's code number keyed in
¡¡¡¡cash dispenser ×Ô¶¯¹ñÔ±»ú ²»Èç¡°ATM¡±³£ÓÃ
¡¡¡¡cash letter ÏÖ½ðÔËË͵¥ "a group of negotiable items, accompanied by a paper listing sent to a clearing house or the Federal Reserve check collection system"
¡¡¡¡cash machine ×Ô¶¯¹ñÔ±»ú ²»Èç¡°ATM¡±³£ÓÃ
¡¡¡¡cash out ±äÏÖ to sell off an asset such as land that has been held for a long time to make a profit
¡¡¡¡cash ratio ÏÖ½ð±ÈÂÊ the ratio that a bank must maintain between available cash and total deposits
¡¡¡¡cash settlement ÏÖ½ð½áËã the discharging of a contract through payment of cash
¡¡¡¡cash surrender value Í˱£ÏÖ½ð¼ÛÖµ the amount of cash a policyholder receives from the life insurance company if he or she actually surrenders a life insurance policy before it becomes payable by death or maturity
¡¡¡¡cash transaction ÏÖ½ð½»Ò× a transaction in which cash is exchanged for an asset and delivery occurs immediately
¡¡¡¡cash withdrawal È¡ÏÖ "a withdrawal from a bank account, annuity, or insurance policy in the form of cash"
¡¡¡¡cashier's check ÒøÐб¾Æ± a check issued by the officer of a bank on the bank's own account
¡¡¡¡cashless ²»Ê¹ÓÃÏÖ½ðµÄ using an electronic means of exchanging money instead of dealing in cash
¡¡¡¡cashless society ²»Ê¹ÓÃÏÖ½ðµÄÉç»á "a society in which consumers buy all goods and services by credit card or electronic funds transfer, without the use of cash"
¡¡¡¡cash-out ±äÏÖ the sale of an asset that has appreciated for cash in order to make a profit
¡¡¡¡cashpoint ×Ô¶¯¹ñÔ±»ú ²»Èç¡°ATM¡±³£ÓÃ
¡¡¡¡casualty ÉËÍöÊÂ¹Ê an accident that causes someone to die
¡¡¡¡casualty insurance ÒâÍâʹʱ£ÏÕ "a coverage primarily for the liability that results from negligent acts and omissions, thereby causing bodily injury and/or property damage to a third party"
¡¡¡¡catastrophe ¾ÞÔÖ "an event causing losses of insured property, affecting a substantial number of policy-holders and insurers"
¡¡¡¡catastrophe bond ÔÖÄÑծȯ ¸ßÊÕÒæÕ®Îñ¹¤¾ß£¬Èô·¢ÐÐÈËÓÉÓڼȶ¨ÌìÈ»ÔÖº¦¶øÃÉÊÜËðʧ£¬ÔòÆä»¹±¾¸¶Ï¢µÄÔðÈοɻñÑÓ³Ù£¬ÉõÖÁ±»ÍêÈ«»íÃâ
¡¡¡¡catastrophic ¾ÞÔÖµÄ appropriate to protect the insured party against expenses incurred in the event of a life-threatening condition requiring extensive medical intervention
¡¡¡¡CBOE Ö¥¼Ó¸çÆÚȨ½»Ò×Ëù Chicago Board Options Exchange
¡¡¡¡CBRC ÖйúÒø¼à»á China Bank Regulatory Commission
¡¡¡¡CD ´æµ¥ certificate of deposit
¡¡¡¡CDIC ¼ÓÄÃ´ó´æ¿î±£ÏÕ¹«Ë¾ Canada Deposit Insurance Corporation
¡¡¡¡CEA ¾¼Ã¹ËÎÊίԱ»á Council of Economic Advisors
¡¡¡¡cedi ÈûµØ the main unit of Ghanaian currency
¡¡¡¡ceiling ÉÏÏÞ "a level above which something such as a price, rent, or wage is not allowed to rise"
¡¡¡¡cent ·Ö one-hundredth of the basic monetary unit
¡¡¡¡cent ·Ö±Ò a coin worth one-hundredth of the value of the basic monetary unit
¡¡¡¡centas Á¢·Ö a subunit of Lithuanian currency
¡¡¡¡centavo ·Ö a subunit of currency in several Spanish- and Portuguese-speaking countries
¡¡¡¡centime Éú¶¡ "a subunit of currency in some French-speaking countries such as France, Algeria and Belgium"
¡¡¡¡centimo ·Ö a subunit of currency in several Spanish-speaking countries
¡¡¡¡central bank ÑëÐÐ ¡°ÖÐÑëÒøÐС±µÄ¼ò³Æ
¡¡¡¡central bank ÖÐÑëÒøÐÐ "a financial institution whose function is to regulate state fiscal and monetary activities, e.g. the U.S. Federal Reserve Bank"
¡¡¡¡central bank intervention ÖÐÑëÒøÐиÉÔ¤ the buying or selling of a currency by a central bank in order to influence the value of its own country's currency
¡¡¡¡certificate of deposit ´æµ¥ "a financial document showing that a person or organization has a specified sum on deposit at a bank, usually for a set period"
¡¡¡¡certified check ±£¸¶Ö§Æ± a check that the issuing bank guarantees to honor because sufficient funds have been set aside to cover the check
¡¡¡¡certified cheque ±£¸¶Ö§Æ± "a form of check for which the bank verifies that sufficient funds exist in the account to cover the check, and so certifies"
¡¡¡¡certify ±£¸¶ to indicate on a check that there are sufficient funds to guarantee payment
¡¡¡¡CFTC ÉÌÆ·ÆÚ»õ½»Ò×ίԱ»á Commodity Futures Trading Commission
¡¡¡¡chaebol ²Æ·§ "a large, usually family-owned, business group in South Korea"
¡¡¡¡Chandler Ç®µÂÀÕ a famous scholar of America who thought that strategies decided structures and structures followed strategies
¡¡¡¡change ±äǨ the act of passing from one state or phase to another one
¡¡¡¡CHAPS ÇåËãËù×Ô¶¯Ö§¸¶ÏµÍ³ Clearing House Automatic Payment System
¡¡¡¡character loan ÐÅÓôû¿î a loan whose collateral is limited to the good name of the borrower
¡¡¡¡charge Ѻ¼Ç ¡°µÖѺ¡±µÄÏã¸ÛÒë·¨
¡¡¡¡charge card ÐÅÓÿ¨ "a card issued to customers by a store, bank, or other organization, used to charge purchases to an account for later payment"
¡¡¡¡chargeback ÍË¿î withdrawal by the credit card issuer of the amount credited to the merchant's account when a card-holder disputes a transaction charged on his or her card
¡¡¡¡chargeoff ÏúÕË the writing off of a loan as a loss of principle and interest by a bank on the assumption that the debt will never be repaid by the borrower
¡¡¡¡chartered life underwriter ×¢²áÊÙÏճб£ÈË somebody with certified credentials as a professional seller of life insurance
¡¡¡¡cheapest to deliver ×î±ãÒ˽»¸î "in the trading of commodity contracts or selling bonds short, the cheapest and therefore most profitable way of buying the related commodities or bonds"
¡¡¡¡check ֧Ʊ "a small printed form that, when filled out and signed, instructs a bank to pay a specific sum of money to the person named"
¡¡¡¡checkable deposit ֧Ʊ´æ¿î a deposit in a checking account that can be transferred quickly
¡¡¡¡checkbook ֧Ʊ²¾ a book issued to holders of checking accounts
¡¡¡¡checking account ֧ƱÕË»§ an account that allows to make withdrawals or payments to other people using checks
¡¡¡¡cheque ֧Ʊ "small printed form that, when filled out and signed, instructs a bank to pay a specific sum of money to the person named on it"
¡¡¡¡chequebook ֧Ʊ²¾ a book issued to holders of checking accounts
¡¡¡¡chetrum ÇÐÌØÂ³Ä· a subunit of currency in Bhutan
¡¡¡¡Chicago Board of Trade Ö¥¼Ó¸ç½»Ò×Ëù a major commodities exchange in Chicago that deals in grain and metal futures
¡¡¡¡Chicago School Ö¥¼Ó¸çѧÅÉ "a school of conservative economic thought, associated with the University of Chicago, promoting free markets and capitalism and relying heavily on mathematical analysis"
¡¡¡¡China Securities Industry Association Öйú֤ȯҵлá
¡¡¡¡Chinese wall Öйúǽ a set of strict rules intended to prevent the exchange of confidential info that might be used illegally for gain between different departments of a stock-exchange business
¡¡¡¡CHIPS ÒøÐмäÖ§¸¶ÇåËãϵͳ Clearing House Interbank Payment System
¡¡¡¡chon ·Ö a subunit of currency in North and South Korea
¡¡¡¡chop ͼÕ "also in Singapore, a wooden, metal or rubber stamp to frank documents or seal envelopes"
¡¡¡¡churn ƵÃܽ»Ò× to buy and sell stocks and bonds on a frequent basis in order to earn brokerage commissions
¡¡¡¡churning ƵÃܽ»Ò× excessive trading in a client's account by a broker seeking to maximize commissions regardless of the client's best interests
¡¡¡¡CIRC Öйú±£¼à»á China Insurance Regulatory Commission
¡¡¡¡circular flow of income ÊÕÈëÑ»·Á÷Á¿ a model of the economy in which money moves in one direction and flows of real resources move in the other
¡¡¡¡circulate Á÷ͨ "to distribute or pass something from person to person or from place to place, or be passed in this way"
¡¡¡¡circulation Á÷ͨ the passing of something