金融专业英语名解由刀豆文库小编整理，希望给你工作、学习、生活带来方便，猜你可能喜欢“金融专业英语”。
（二）Explanation（名词解释）
1.Primary markets：facilitate the iuance of new securities.The iuance of new corporate stock or new treasury securities is a primary market transaction.2.Secondary markets：facilitate the trading of existing securities.The sale of existing corporate stock or treasury security holdings by any busine or individual is a secondary market transaction.3.Stock：Stocks(also referred to as equity securities)are certificates representing partial ownership in the corporations that iued them.4.Commercial paper ：Commercial paper is a short-term debt instrument iued only by well-known creditworthy firms and is typically unsecured.5.Money market：Money markets are used to facilitate the transfer of short-term funds from individuals, corporations, or governments with exce funds to those with deficient funds.6.Repurchase agreements：Repo refers that one party sells securities to another with an agreement to repurchase the securities at a specified date and price.不确定
7.Banker’s acceptances：A banker’s acceptances indicates that a bank accepts responsibility for a future payment.They are commonly used for international trade transactions.8.Euro-commercial paper：未找到
9.Stripped treasury bonds：The cash flows of bonds are commonly
transformed(转化)by securities firms so that one security represents the principal payment only while a second security represents the interest payments
10.Initial public offering ：An initial public offering is a first-time of shares by a specific firm to the public.As a privately held firm expands, it may need more funds than it can obtain through borrowing and therefore will consider an IPO.11.Secondary stock offerings ：A secondary stock offering is a new stock offering by a specific firm whose stock is already publicly traded.12.Put option：A put option grants the owner the right to sell…(看跌期权)
13.Initial margin ：
14.Bond index futures ：A bond index futures contract allows for the buying and selling of a bond index for a specified price at a specifies date.15.Exercise price of option ：is the price at which financial instrument can be bought or sold in the future.16.American option：The option which can be exercised on or before the maturity date is called American option
17.Market-makers：can execute stock option transactions for customers, but they also trade stock options for their own account.18.Loanable funds theory ：The Loanable Funds theory, commonly used to explain interest rate movements, suggests that the market interest rate is determined by the factors that control the supply of and demand for loanable funds.19.Dynamic open market operation：
20.Derivative securities ：securities are financial contracts whose values are derived from the values of underlying aets(such as debt securities or equity securities).
