金融英语专业词汇金英语专业词汇.doc

Glossary? Abnormal?return?(excess?return): ?Difference?between?the?actual?returns?on?an? investment?and?the?expected?return?on?that?investment,?given?market?returns?and? investments?risk..? Accelerated?depreciation:? A?depreciation?method?where?more?of?the?asset?is?written? off?in?earlier?years?and?less?in?later?years,?over?its?lifetime,?to?reflect?the?aging?of?the? asset.? Accounting?beta :?Beta?estimated?using?accounting?earnings?for?a?firm?and?accounting? earnings?for?the?market,?rather?than?stock?prices.? Accrual?accounting:? Accounting?approach,?where ? the?revenue?from?selling?a?good?or? service?is?recognized?in?the?period?in?which?the?good?is?sold?or?the?service?is? performed?(in?whole?or?substantially).?A?corresponding?effort?is?made?on?the?expense? side?to?match?expenses?to?revenues.? Acquisition?premium:? Difference?between?the?price?paid?to?acquire?a?firm?and?the? market?price?prior?to?the?acquisition.? Acquisition?price:? Price?that?will?be?paid?by?an?acquiring?firm?for?each?of?the?target? firm ? s?shares.? Adjustable?rate?preferred?stock:? Preferred?stock?where?the?preferred?dividend?rate? is?pegged?to?an?external?index,?such?as?the?treasury?bond?rate.? Agency?costs:? Costs?arising?from?conflicts?of?interest?between?two?stakeholders;? examples?would?be?managers??stockholders?as?well?as?stockholders??bondholders.? Allocation:? Process?of?distributing?a?cost?that?cannot?be?directly?traced?to?a?revenue? center?across?different?units,?projects?or?divisions.? American?options:? An?option?that?can?be?exercised?any?time?until?maturity.? Amortizable?life :?A?period?of?time?over?which?an?intangible?asset?is?written?off.? Annual?percentage?rate?(APR):? A?rate?that?has?to?be?cited?with?loans?and?mortgages? in?the?United?States.?The?rate?incorporates?an?amortization?of?any?fixed?charges?that? have?to?be?paid?up?front?for?the?initiation?of?the?loan.? Annuity: ?A?stream?of?constant?cash?flows?that?occur?at?regular?intervals?for?a?fixed? period?of?time.? Arbitrage?pos