A slang term for the movement in spread, price or yield of a security, which makes it more expensive to issue. Back up is characterized by an increase in bond yields and a decrease in price. The price of a security "backs up" when a company finds the security more costly to issue when raising funds. When a back up occurs, the fund raising efforts of a company are diminished. For example, if interest rates increase, the required yields on most bonds will rise as well. This forces a company to either raise the coupon on their bond issue, which increases the interest payment, or sell the bonds at a discount, reducing the level of incoming cash.
A slang term that refers to the representation of the basic components of a business model excluding any fine details. It incorporates only the core ideas and success factors of the business. The name comes from the notion that a quick outline of a business can be easily sketched on the back of a napkin to sufficiently demonstrate its fundamental concepts. The slang term comes from a hypothetical scenario in which an entrepreneur pitches an idea to a potential investor over coffee, dinner or a drink. The entrepreneur quickly sketches the business model on the back of a napkin to demonstrate the feasibility of the business. This type of business model should probably only be used as part of the initial stages of planning. A final business model should be drafted for clarity and color, including complete details on all operations as well as the short-term and long-term visions of the business. Without a clear understanding of how a business will operate and bring in sustainable revenues, the probability of building a successful company is low.
什么是汇出行 汇出行是指接受汇款人的委托,办理汇出汇款业务的银行。在国际贸易中,通常为进口地银行。 目录 1 汇出行的操作 汇出行的操作 在汇出行接受汇款申请书时起,其与汇款人之间的契约关系与效力就此成立,汇出行应按汇款申请书的内容及选择的汇款方式办理该笔汇出汇款,并正确无误地将款项交给收款人。 若由于汇出行未按汇款申请书要求而产生的差错,由汇出行承担;若因头寸不及时到位或错漏,或因转汇行、汇入行的错漏、延误而引起的问题,须根据具体情况,查明原因,分清责任。
策略空间(Strategy space) 目录 1 什么是策略空间 什么是策略空间 策略空间(strategy space)是指博弈各方可供选择的策略或行为的集合。比如,一个参与人的所有可选择的策略的集合就是这个参与人的策略空间。 Strategy直译应为战略,不过战略一词对大多数博弈未讲显然过于抽象和宽泛了。每一个策略都对应一个相应的结果。因此每个博弈方可选的策略数量越多,博弈就越复杂。 策略空间是一个小作品。你可以通过或修订扩充其内容。
Located in Frankfurt, Germany, the FRA is one of the largest and most efficient trading facilities in the world. The FRA is one of the oldest exchanges in the world and posts several indices, such as the DAX, the VDAX and the Eurostoxx 50. Its owner is Deutsche Borse, which owns the other German exchanges as well. The Frankfurt Exchange has virtually all of the turnover in Germany and a substantial share of the turnover in all of Europe. Much of the exchange's profits come from its Xetra trading system, which has allowed an influx of foreign investors to enter the exchange. The exchange runs from 9:30am to 5:30pm weekdays.
什么是法人配售发行方式 所谓法人配售发行方式,是指发行人在公开发行新股时,允许一部分新股配售给法人的发行方式。法人配售发行方式概述 根据中国证监会颁布的《法人配售发行方式指引》,发行人和主承销商事先确定发行量和发行底价,通过向法人投资者询价,并根据法人投资者的预约申购情况确定最终发行价格,以同一价格向法人投资者配售和对一般投资者上网发行。其中法人包括了战略投资者和一般法人两类。根据规定,发行价格须由询价产生; (1)发行量在8000万股以上的,对法人的配售比例原则上不应超过发行量的50%; (2)发行量在20000万股以上的,可根据市场情况适当提高对法人配售的比例; 发行人选择战略投资者,主承销商负责确定一般法人投资者,每一发行人都要给予其战略投资者一个明确细化的定义,战略投资者原则上不超过2 家,并披露其与发行人间的关系。
The currency symbol or currency abbreviation for the North Korean won (KPW), the currency for North Korea. The won is divided into 100 chon and is often presented with the symbol W. The word "won" is a hybrid of the Chinese word "yuan" and Japanese "yen". |||The won was first seen in 1947, replacing the previous Korean yen. It underwent a 100:1 revaluation in 1959. The North Korean government abandoned the set exchange rate with the U.S. dollar in 2001, and the real exchange rate has dropped precipitously since then.