英文名称:Auction 中文名称:拍卖也称标售,指发行人邀请获得授权的交易商出价投标,直至拟出售的证券全部卖出,是公开出售证券的一种方式。e.g. Later this afternoon, the central bank will announce the size of its regular Tuesday auction of 1-year sterilization paper. A system where potential buyers place competitive bids on assets and services. The asset or service in question will sell to the party that places the highest bid. In most cases, sellers will pay a listing fee to the auctioneer, regardless of whether the item actually sells for the desired price. For example, Google used a modified form of auctioning called the dutch auction when it issued its IPO. In this form of auction, prospective buyers submitted bids that included the number of shares desired and what the bidder was willing to pay for them. After the auction ended, the underwriters sorted through bids in order to determine the minimum priced bid they would accept from buyers. The IPO was priced at $85. The internet has increased the amount of exposure that auctions now have, and bidders no longer have to be physically present to participate. online marketplaces such as eBay connect buyers and sellers worldwide by allowing individuals to submit their bids (or list their products) online and send payment electronically.
英文名称:Authorized Stock 中文名称:授权股份一个公司允许发行股票的最大数量。 The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation. This figure is usually listed in the capital accounts section of the balance sheet. Also known as "authorized shares" or "authorized capital stock". Taobiz explains Authorized Stock This number can be changed only by a vote of all the shareholders. Management will typically keep the number of authorized shares higher than those actually issued. This allows the company to sell more shares if it needs to raise additional funds.
英文名称:Anonymous 中文名称:竞价交易也称匿名交易,指证券买卖的一种交易方式,投资者的买卖指令进入交易系统后,交易系统终端会根据价格优先、时间优先的顺序,对买卖指令进行撮合成交。 Visible bids and offers on the market without the identity of the bidder and seller being revealed. Anonymous trades allow the high profile investors to execute transactions without the scrutiny and speculation of the market.
英文名称:Average Up 中文名称:提高平均价格以比原先买入价格高的价格买入更多股票、商品等,从而提高所有股票、商品等的平均价格。 The process of buying additional shares at higher prices. This raises the average price that the investor pays for allthe shares. In the context of short selling, averaging up is achieved by selling additional sharesat a price higher than that of the first transaction. Say you buy XYZ at $20 per share, and as the stock rises you buy equal amounts at $24, $28 and $32 per share. This would bring your average purchase price to $26 per share.
英文名称:Activity Ratio 中文名称:活动比率一项用以衡量企业运用资源有效程度的会计比率,如将其资产负债表内账项转为现金或营业额的能力、存货周转率、流动资本周转率。 Accounting ratios that measure a firm's ability to convert different accounts within their balance sheets into cash or sales. Companies will typically try to turn their production into cash or sales as fast as possible because this will generally lead to higher revenues. Such ratios are frequently used when performing fundamental analysis on different companies. The asset turnover ratio and inventory turnover ratio are good examples of activity ratios.
英文名称:Barometer Stock 中文名称:指标股/风向标股票作为总体市场的趋势指标的股票。 A security whose price pattern is regarded as an indicator of the state of the overall market. All bellwether stocks are also barometer stocks
英文名称:Bubble 中文名称:泡沫资产价格偏离实际的上涨,导致出现大幅逆转或崩溃的程度。e.g. Last week’s sudden reversal in the oil market 1. An economic cycle characterized by rapid expansion followed by a contraction. 2. A surge in equity prices, often more than warranted by the fundamentals and usually in a particular sector, followed by a drastic drop in prices as a massive selloff occurs. 3. A theory that security prices rise above their true value and will continue to do so until prices go into freefall and the bubble bursts. Bubbles form in economies, securities, stock markets and business sectors because of a change in the way players conduct business. This can be a real change, as occurred in the bubble economy of Japan in the 1980s when banks were partially deregulated, or a paradigm shift, as happened during the dotcom boom in the late '90s and early 2000s. During the boom people bought tech stocks at high prices, believing they could sell them at a higher price until confidence was lost and a large market correction, or crash, occurs. Bubbles in equities markets and economies cause resources to be transferred to areas of rapid growth. At the end of a bubble, resources are moved again, causing prices to deflate. Thus, there is little long-term return on those assets.
英文名称:Basing 中文名称:平稳期指股票等的交易价格变化很小甚至保持不变的时期。 A period in which a stock price has very little or no trend. The resulting price pattern is a flat line. Basing is a common occurrence after a stock or the market has been in a lengthy decline or has increased by a large amount. In other words, the market is taking a break. Some stocks can form a base that lasts for severals years before the trend is reversed.