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shushuangli

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Federal Home Loan Bank System
¡¾ ÃÀ ¡¿ “ °î ס Õ¬ ÙJ ¿î ãy ÐРϵ ½y
A network of regional Federal Home Loan Banks that provides loans to

savings banks, savings and loans and other institutions that are

important providers of mortgage loans.


Fiscal year
Ø” Õþ Äê ¶È £¬ •þ Ó‹ Äê ¶È
The 12-month period that a corporation or government uses for bookkeeping

purposes.


Float
¸¡ ”µ £¬ ÔÚ Í¾ ¿î í— £¬ ’ì ÅÆ
In securities, the number of outstanding shares in a corporation

available for trading by the public. Also, the time between the deposit

of a check in a bank and the check''s payment.


Floater
¸¡ „Ó ±£ †Î
An insurance policy that covers specific items of personal property, such

as jewelry.


Force majeure
²» ¿É ¿¹ Á¦
A condition that permits a company to depart from the strict terms of a

contract because of an event or effect that can''t be reasonably

anticipated or controlled.


Foreign exchange
Íâ …R £¬ ‡ø ëH …R ƒ¶
Money instruments used to make payments between countries.


Foreign exchange market
Íâ …R ÊÐ ˆö
Market in which foreign currencies are bought and sold and exchange rates

between currencies are determined.


Forward exchange rate
Íâ …R ÂÊ £¬ …R ÂÊ
A currency exchange contract that traders have agreed upon for a future

date. The forward rate is usually for one, two, three or six months and

referred to as 30-day forward, 60-day forward, etc.


Full-service broker
¾C ºÏ ·þ „Õ ½› ¼o ÉÌ
Broker who executes, buys and sells orders, research investments, helps

investors develop and meet investment goals and gives advice to

investors. Brokers charge commissions for their work.


Fundamental analysis
»ù ±¾ Òò ËØ ·Ö Îö ·¨ £¬ »ù µA ·Ö Îö
Analysis technique that looks at a company''s financial condition,

management, and place in its industry to predict a company''s stock price

movement.


Futures
ÆÚ Ø› £¬ ÆÚ Ø› ºÏ ¼s
An agreement to purchase or sell a given quantity of a commodity,

security, or currency at a specified date in the future. Also called a

futures contract.
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Generally accepted accounting principles
¹² ÕJ •þ Ó‹ Ô­ „t
Guidelines that explain what should be done in specific accounting

situations as determined by the Financial Accounting Standards Board.


General obligation bond
Ò» °ã ØŸ ÈÎ ¹« ‚ù
A government bond that is approved either by the voters or their

legislature. The government''s promise to repay the principal and pay the

interest is constitutionally guaranteed, based on its ability to tax the

population. Also called a full-faith-and-credit bond.


Gift tax
Ù› Åc ¶?
Federal taxes owed on gifts if they exceed both the annual limit of $10,

000 per recipient and the $600,000 lifetime unified credit.


Gold standard
üS ½ð ±¾ λ £¬ ½ð ±¾ λ ÖÆ
A monetary system based on gold. The basic currency unit of a country is

pegged to a specified amount of gold.


Goods
Ø” ®a £¬ ÉÌ Æ·
Physical, tangible products.


Goodwill
ÉÌ ×u £¬ ÐÅ ×u
In accounting, goodwill is any advantage, such as a well-regarded brand

name or symbol, that enables a business to earn better profits than its

competitors. If such assets are sold for less than book value, the

difference is negative goodwill.


Great Depression
¡¾ ÃÀ ¡¿ ½› ?ú ´ó Ê’ —l
The world-wide economic hard times generally regarded as having begun

with the stock market collapse of Oct. 28-29, 1929 and continued through

most of the 1930s.


Greenmail
·´ Ù? »Ø
A payment made to a potential suitor to avoid a takeover attempt.


Gross Domestic Product (GDP)
±¾ µØ Éú ®a ¿‚ Öµ
The total value of goods and services produced by a nation. In the U.S.

it is calculated by the Commerce Department, and it is the main measure

of U.S. economic output.
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Gross National Product (GNP)
‡ø Ãñ Éú ®a ¿‚ Öµ
The dollar value of all goods and services produced in a nation''s

economy. Unlike gross domestic product, it includes goods and services

produced abroad.
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Group of Seven
Æß ´ó ¹¤ ˜I ‡ø
An organization of the seven major industrialized nations. The

countries'' leaders meet annually to discuss their approaches to monetary

and fiscal issues in an effort to foster a stable world economy. The

countries are the U.S., Canada, Britain, France, Italy, Germany and

Japan. Abbreviated as G-7.


Growth fund
°l Õ¹ »ù ½ð
A mutual fund that invests in the common stock of well-established

companies. The aim of a growth fund is to buy stocks whose share price

will increase over time.


Guardian
±O ×o ÈË
The person designated responsible for minor children or others needing

special care.
H-Share
‡ø Æó ¹É
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Hang Seng Index
?a Ö¸ £¬ ?a Éú Ö¸ ”µ
Index of leading Hong Kong stocks.


Hedge fund
Œ¦ ›_ ½» Ò× »ù ½ð £¬ ºÏ ⷠͶ ÙY »ù ½ð
Little-regulated private investment partnerships for large investors.

They wager huge sums in global currency, bond and stock markets.


Hedging
Œ¦ ›_ £¬ Ì× ê­
Buying or selling a product or a security to offset a possible loss from

price changes on a future corresponding purchase or sale.
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Holding company
¿Ø ¹É ¹« ˾ £¬ ¹É ™à ¹« ˾
A company whose principal assets are the securities it owns in companies

that actually provide goods or services. A holding company enables one

corporation and its directors to control several companies by holding a

large stake in the companies.


Housing starts
˜Ç Óî „Ó ¹¤ Á¿
The Commerce Department''s monthly survey of the number of housing

permits issued by local government authorities.

Imports
ßM ¿Ú ÉÌ Æ·
Goods and services one country purchases from another country.


Income fund
ÊÕ Òæ »ù ½ð
A mutual fund that seeks a high level of current income by investing in

income producing securities, including both stocks and bonds.


Index fund
Ö¸ ”µ »ù ½ð
A mutual fund th!t seeks to produce the same return that investors would

get if they owned all the stocks in a particular stock index, often the

Standard and Poor''s 500-stock index.


Index option
Ö¸ ”µ ÆÚ ™à
An agreement that gives an investor the right but not the obligation to

buy or sell the basket of stocks represented by a stock-market index at a

specific price on or before a specific date. Index options allow

investors to trade in a particular market or industry group without

having to buy all the stocks individually.


Indexing
Ö¸ ”µ »¯
Buying and holding a mix of stocks that match the performance of a broad

stock-market barometer such as the Standard & Poor''s 500 stock index.


Individual retirement account
¡¾ ÃÀ ¡¿ ‚€ ÈË ÍË ÐÝ ½ð ޤ ‘ô
A tax-deferred plan that can help you build a retirement nest egg.

Individuals whose income is less than certain amounts or who are not

active participants in an employer''s retirement plan generally can

deduct some or all of their annual IRA contributions when figuring their

income tax. others can take nondeductible IRA contributions.


Industrial production
¹¤ ˜I Éú ®a
Monthly report by the Federal Reserve that measures output at factories,

utilities and mines.


Inflation
ͨ Ø› Åò Û
A sustained rise in prices in an economy.


Infrastructure
»ù ±¾ ½¨ ÔO
A nation''s basic transportation, communications, power and sewage

systems that are necessary for its economy to operate.


Initial Public Offering (IPO)
Ê× ´Î ¹« é_ °l ÊÛ
The first time a company issues stock to the public. This process often

is called "going public."
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Insider
ƒÈ Ä» ÈË Ê¿
A person, such as an executive or director, who has information about a

company before the information is available to the public.


Insider trading
ƒÈ Ä» ½» Ò×
In one respect, it refers to the legal trading of securities by corporate

officers based on information available to the public. In another

respect, it refers to the illegal trading of securities by any investor

based on information not available to the public.


Interbank Offer swap
Àû ÂÊ Õ{ ÆÚ £¬ Àû ÂÊ µô “Q
A derivative in which one party agrees to pay a fixed interest rate in

return for receiving a floating interest rate from another party.


Interest rate swap
Àû ÂÊ Õ{ ÆÚ £¬ Àû ÂÊ µô “Q
A derivative in which one party agrees to pay a fixed interest rate in

return for receiving a floating interest rate from another party.


Internal rate of return
ƒÈ ²¿ ˆó ³ê ÂÊ
An accounting term for the rate of return on an asset. It is the discount

rate on an investment that equates the present value of its cash outflows

to the present value of its cash inflows.


International Monetary Fund
‡ø ëH Ø› ŽÅ »ù ½ð
An organization that makes loans and provides other services intended to

stabilize world currencies and promote orderly and balanced trade. Member

nations may obtain foreign currency when needed, making it possible to

make adjustments in their balance of payments without currency

depreciation. Abbreviated as IMF.


Internet
‡ø ëH ëŠ ÄX ¾W ½j
The global computer network that connects independent networks.


In the money
¼º µ½ ƒr £¬ ÓÐ Àû ƒr
A term used to describe an option that is worth something if exercised

immediately. In the case of a call option, it means the current price is

higher than the strike price. In the case of a put option, it means the

current price is below the strike price.


Investment bank
Ͷ ÙY ãy ÐÐ £¬ ×C ȯ °ü äN ÉÌ
A securities firm, financial company or brokerage house that helps

companies take new issues to market. Additionally, an investment bank

handles the sales of large blocks of previously issued securities and

private placements. Most investment banks also maintain brokerage

operations and other financial services.


Investment grade
Ͷ ÙY ¼‰ „e
An assessment of a debt issue by a credit-rating firm that indicates

investors are expected to receive principal and interest payments in full

and on time.


Itemized deduction
·Ö ÁÐ Õn ¶? œp Ãâ í— Ä¿
When you figure your income tax, these are the items that may be

subtracted from your adjusted gross income if you do not take the

standard deduction. Examples of itemized deductions include state and

local tax payments, gifts to charity, and certain amounts of home-

mortgage interest.

[ Last edited by wfcicsd on 2007-5-24 at 11:44 ]
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