经常帐户赤字 Occurs when a country's total imports of goods, services and transfers is greater than the country's total export of goods, services and transfers. This situation makes a country a net debtor to the rest of the world. A substantial current account deficit is not necessarily a bad thing for certain countries. Developing counties may run a current account deficit in the short term to increase local productivity and exports in the future.
An investment fund that manages money from investors seeking private equity stakes in startup and small- and medium-size enterprises with strong growth potential. These investments are generally characterized as high-risk/high-return opportunities. Theoretically, venture capital funds give individual investors the ability to get in early at a company's startup stage or in special situations in which there is opportunity for explosive growth. In the past, venture capital investments were only accessible to professional venture capitalists. While a fund structure diversifies risk, these funds are inherently risky.
转换升水是指可转换债券的市场价格高于可转换债券的转换价值的那部分。 例: 某公司的可转换债券,面值为1000元,转换价格为25元,当前市场价格为1200元,其标的股票当前的市场价格为26元,那么: 该债券的转换比例=1000/25=40(股) 该债券当前的转换价值=40×26=1040(元) 该债券当前的转换平价=1200/40=30(元) 该债券转换升水=1200-1040=160(元) 该债券转换升水比率=(160/1040)×100% =(30-26)/26×100% =15.38%
什么是贷款销售率 贷款销售率是指一定时期内(如一年)企业销售额与银行贷款之间的比值。反映一元贷款实现多少销售额,或本企业贷款经营中的周转速度。 目录 1 贷款销售率的公式 2 贷款销售率的实例分析 3 贷款销售率的应用 4 相关条目 5 参考文献 贷款销售率的公式 ">编辑] 贷款销售率的实例分析 例:某企业198×年销售收入总额为4000万元,企业自有资金500万元,银行贷款平均余额800万元,其他各种负债100万元, 贷款销售率 即每一元贷款实现销售2.86元。 贷款销售率的应用 每元贷款所实现的销售额越多,说明资金周转越快,企业可用较少的资金从事更大的生产经营活动,反映贷款的经济效益越大。反之,则经济效益越差。银行之所以实行“以销定贷”,“择优限劣”的贷款原则,目的就在于不断提高贷款销售率,在于以尽可能少的资金实现尽可能多的符合社会需要的生产经营成果。 因此,贷款销售率指标是考核企业贷款资金经营效益的一个首要的指标。 式中的资金贷款率,是指对企业的流动资金贷款与企业全部流动资金的比率。用这一指标乘企业销售收入总额,说明银行贷款的相应劳动成果。 贷款销售率是以各物质生产部门所属企业为对象进行考核统计的。不同部门所属企业的销售收入具有不同的特点,银行在综合分析流动资金贷款销售率时,有必要先按部门分别进行反映,再综合为全行的贷款销售率指标。具体办法是计算企业贷款销售率的加权平均数。 贷款综合销售率 A——贷款平均余额; F——贷款销售率。 上式的意义在于,银行要提高贷款综合销售率,一方面要提高企业贷款的销售率,另一方面要扩大对贷款销售率高的产品、企业、行业的贷款,提高这些贷款在全部贷款中的比重。 “以销定贷”、“择优限劣”的贷款原则,就在于调整贷款结构,用有限的信贷资金,实现贷款的最佳经济效益。 相关条目 贷款有效率 贷款产值率 贷款挪用率 参考文献 ↑ 吴少平.最新财会经贸公式计算手册.ISBN:7-5023-2304-X/F231.4-62.科学技术文献出版社,1995.
A technique for calculating termination payments when a swap is ended early. The indemnification method requires the responsible counterparty to compensate the nonresponsible counterparty for all losses and damages caused by the early termination. This method was common when swaps were first developed, but was considered inefficient because it did not actually quantify, or describe how to quantify, the losses and damages from a prematurely terminated swap. Today, the agreement value method, which is based on the terms and interest rates available for a replacement swap, is the most widely used method for calculating termination payments. Another, less-common alternative is the formula method. A swap may be terminated early if either counterparty experiences an event of default, such as bankruptcy or failure to pay, or a termination event, such as an illegality, tax event, tax event upon merger or credit event.
A global cooperative of securities regulatory agencies that aims to establish and maintain worldwide standards for efficient, orderly and fair markets. The stated goals of the IOSCO are to:-Promote high standards of regulation for the sake of orderly and efficient markets-Share information with exchanges and assist assist them with technical and operational issues-Establish standards toward monitoring global investment transactions across borders and markets |||The IOSCO currently operates in more than 100 jurisdictions, covering more than 90% of the world's markets, and is considered to be the source for global standards of market operation. In 1998, it approved the IOSCO Principles, which set the benchmark for securities markets worldwide. The IOSCO has since released a methodology for how to achieve those benchmarks. The IOSCO's work has been praised at the highest levels of government, especially in the aftermath of 9/11, as transactions between different countries became something that required increased scrutiny and regulatory control.
As an executive at investment bank Drexel Burnham Lambert Inc. during the 1980s who used high-yield junk bonds for corporate financing and mergers and acquisitions. Michael Milken amassed an enormous personal fortune, but in 1989 he was indicted by a federal grand jury and eventually spent nearly two years in prison after pleading guilty to charges of securities fraud. While he is credited with founding the high-yield debt market, he was banned for life from the securities industry. Nicknamed "The Junk Bond King" in the 1980s, Milken earned between $200 million and $550 million a year at the height of his success. Following his release from prison, he worked as a strategic consultant. This was in violation of his probation, and he was subsequently fined $42 million for these actions. In 1993, Milken was diagnosed with prostate cancer; since then, he has devoted much of his time and resources to the pursuit of a cure for the disease.
资金帐号是券商营业部开立的用于证券资金结算的账号,而管理账号是银行开立的保证金存管账号。