金融专业英语考题总结-

第一篇：金融专业英语考题总结-

一、China’s Financial System 1.Describe the financial system of China.(Write down three institutions’ name of each sector optionally.)简单描述中国的金融体系。

China’s financial system consists of banking, non-banking financial sectors, financial markets and regulatory commissions.Banking includes PBC(The People’s Bank of China), policy banks, state-owned banks and other commercial banks.And among them, policy banks contain CDB(China Development Bank), EXIMBC(The Import-Export Bank of China), ADBC(Agricultural Development Bank of China);State-owned banks contain BC(Bank of China), ICBC(Industrial and Commercial Bank of China), ABC(Agricultural Bank of China),CCB(China Construction Bank);Other commercial banks contains BComm, Citic Bank, Everbright, Huaxia, Minsheng, Guangdong D(Guangdong Development Bank), Shenzheng D, Merchants, Xingye, Pudong D, Hengfeng, Zheshang, Urban Commmercial, Rural Commercial, and so on.Non-banking financial sectors includes Financial Asset Management CO.which manage non-performing assets of the big 4 banks: ICBC’s Huarong, ABC’s Changcheng, BC’s Dongfang, CBC’s Xinda;Insurance Co.;Trust Invest.;Securities Co.;Financial Leasing;Urban CC;Rural CC;Investment fund;Postal savings and other institutions.Financial markets include money market, stock market, band market, futures market, VC/PE and real estate.Regulatory commission includes CBRC（China Banking Regulatory Commission）, CSRC（China Securities Regulatory Commission）, CIRC（China Insurance Regulatory Commission）, SAFE(State Administration of Foreign Exchange), and son on.二、Short History of Modern Finance 1.When is the watershed year of modern finance? Nineteen fifty-two is the watershed year for modern finance.现代金融的分水岭是1952年。

2.Who is the founder/ Milestone Character of modern finance? Harry Markowitz（哈里﹒马克维茨）.现代金融的鼻祖是哈里﹒马克维茨。

3.Before 1945, the macro finance is concerned with the monetary system, and after 1945, it pays more attention to finance market.1945年以前宏观金融关注的是货币制度，1945年以后更多关注的是金融市场。

4.What is the common characteristic of macro finance and micro finance? 宏观金融和微观金融的共同特点是什么？ Spiral of silence and epidemiology.5.Key words：

Monetarist 货币主义学派

New Keynesian school 新凯恩斯主义学派 Spiral of silence 沉默的螺旋 Asset mispricing 资产误定价 Media sentiment 媒体情感 Animal spirit 非理性的动物精神 Epidemiology 流行病学 Inflation expectation 通胀预期 Media 媒体

三、Money Market 1.What is money market? 什么是货币市场？

The money market is actually a collection of financial markets in which investors trade financial instruments that are considered to be “just as good” as money.2.How many types of instruments in money market? Please list three items at least.在货币市场中有几种操作工具？至少写出三种。-United States Treasury bills(T-bills)（国债）

-Federal agency securities(from agencies like the Federal National Mortgage Association—Fannie Mae)（联邦机构证券）

-Commercial paper（商业汇票）

-Repurchase agreements(Repos)（回购）

-Negotiable certificates of deposit(CDs,可转让定期存单)

-Federal funds（银行间拆借资金）

-Short-term municipal securities(短期市政证券)3.Why are those financial instruments as good as money?

为什么金融工具可以发挥与货币一样的效能？

Because they meet the following three requirements:(1)They are generally extremely liquid——you can easily buy and sell them;(Why are they liquid)(2)They are considered to be quite safe because they are issued by strong, credit-worthy institutions(Like the U.S.Government);(Why are they safe?)(3)They carry very little price risk because of their short-term expirations；（Why are they low price risk?）

4.How many funding institutions that involved in the money market? 卷入货币市场的融资机构有哪些？ For example，government

agency，U.S.Treasury，banks，GSE（Government-sponsored entities）, large corporations, and so on.5.What is money market funds? 什么是货币市场基金？

Money market funds are like mutual funds.When you invest in a money market fund, you are actually buying shares in that fund.Typically, money market fund managers try to keep the price of each share in the fund equal to $1.So if you are looking to invest $1,000 in a money market fund, you are most likely going to own 1,000 shares in that fund.6.What are the money market accounts? 什么是货币市场账户？

Money market accounts are just like any other savings or checking account you might open at your bank.When you put money into a money market account, you are depositing it with your bank, or other financial institution.You are not buying shares in a fund or investing directly in any money-market assets.四、LIROR 1.What does LIBOR stand for? LIBOR的全拼是什么？

LIBOR stands for London Interbank Offered Rate.2.What’s the definition of LIBOR? LIBOR的定义？

LIROR is the average interest rate that banks charge when they make short-term unsecured loans to other banks.3.Who is responsible for and undertake the calculation of LIBOR? And what is the working process of calculation? 谁负责计算LIBOR利率？怎么计算？

The LIBOR is calculated by the British Bankers’ Association(BBA,英国银行家协会)who surveys 16 different major banks and asks them what rate they are charging other banks to borrow money.Once they have compiled the results, they take an approach similar to the judges who score Olympic diving take---they throw the four high scores(or rates)and throw out the four low scores and then find the average of the remaining eight scores.(Concise expression: The British Bankers’ Association is responsible for calculating LIBOR.And they calculate the average of the middle eight scores.)4.What does a rise LIBOR tell us? LIBOR利率上升意味着什么？ When LIBOR is rising, it tells us one of two things: 1)it tells us that interest rates in general are rising and thus LIBOR is also rising, and/or 2)it tells us that lending banks believe the banks they are lending to have a higher risk of defaulting on the loan so the lending bank has to charge a higher interest rate to offset this risk.（Concise expression: 1）in generally, the interest rates are rising;2)higher defaulting risk.)

五、TED Spread 泰德利差

1.Where is the name of TED come from? TED的名字是怎么得来的？

The TED spread consists of two financial instruments: the 3-month Treasury Bill and the Eurodollar futures contract.Investors simply took the “T” from T-bill and combined it with “ED”, which is the ticker symbol for the Eurodollar futures contract on the Chicago Mercantile Exchange(CME,芝加哥商品交易所)，and they came up with “TED”.2.What does TED measure? And how TED Spread is calculated? TED度量了什么？它是怎么计算出来的？s The TED spread measures the difference between the yield on the 3-month Treasury Bill(T-bill)and the value of the Eurodollar futures contract----which is based on the 3-month LIBOR rate.To calculate the TED spread, you simply subtract the yield on the 3-month T-bill(which is unsecure)loans from the value of the Eurodollar contract(which is risk free).3.When TED spread increasing，what does it tell us? 当TED利差增大时，说明了什么？

When the TED spread is increasing, it tells us either that banks believe the other banks they are lending to have a higher risk of defaulting on the loans so they are charging a higher interest rate to offset this risk or that investors are flocking to buy T-bills because they believe the stock market is faltering.It also tells us that the credit markets are not functioning as smoothly as they could be—which is sign of potential economic contraction.(Concise expression: a higher defaulting risk;sign of potential economic contraction.)

六、Overnight Index Swaps(OIS)1.Please write out the full name of OIS.请全拼OIS.Overnight Index Swap.2.What’s the working process of the OIS? OIS的运作机制是什么？

To create an OIS, we need to have two financial institutions.One institution has an overnight interest rate and the other institution has a fixed short-term interest rate.The two institutions agree to swap each other’s obligations.So at the end of a specified period, whoever ends up paying less interest will make up the difference to the other institution.(Concise expression: whoever ends up paying less interest will make up the difference to the other institution.)3.What does LIBOR-OIS tell us? LIBOR-OIS告诉我们什么信息？ Liquidity risk premium.(流动性风险溢价)4.What does the overnight index swap tell us? 隔夜指数掉期说明什么？

By itself, the overnight index swap rate doesn’t tell us much---other than what the overnight rate is.However, when you combine the overnight index swap rate with another indicator, like LIBOR, and create a spread like the LIBOR OIS spread, you can get a glimpse into the health of the global markets.七、The Fed in Post Subprime Crisis(无考题)

八、The Economic of Structured Finance 1.What is the essence of structured finance activities? 结构性融资活动的本质是什么？

The essence of structured finance activities is the pooling of economic assets like loans, bonds, and mortgages, and the subsequent issuance of a prioritized capital structure of claims, known as tranches, against these collateral pools.2.What is tranche? 什么是分层？

A prioritized capital structure of claims.3.What are the features of structured finance products?

结构性金融产品的特点是什么？

We argue that both of these features of structured finance products—the extreme fragility of their ratings to modest imprecision in evaluating underlying risks and their exposure to systematic risks—go a long way in explaining the spectacular rise and fall of structured finance.（注：红色题目为第一次上课时老师说的考题，但是最后讲考题时没讲到，可以大概复习一下。）

第二篇：金融专业英语

金融专业英语

1、Financial System

见photo1和photo2，监管机构要把一行三会、发改委、财政部、外管局、统计局的全称写上，其他三个部分也要写全称。

2、Money Market（定义、金融工具及特点）

从P57第二段第三行the money market is actually…开始，一直到P57倒数第四行的expirations。

Money market funds & Money market accounts的区别

P58-59,老师重点划了P59倒数第七行Money market accounts typically offer…carry additional restrictions。

3、LIBOR（定义，上升、下降会带来什么）

P18第二段和P19倒数第三段、第二段

4、TED（定义，增大、缩小会带来什么）

P20第二段、第四段、第五段

5、OIS（这部分记得有点混乱。。）

P21第二段第一句话Overnight…other financial institutions。

P21最后一句话To set up the swap…the other institution。P22第十行One of the key…are paying。第十六行To resolve this issue…each day。

P23第十六行As usual…the gears of expansion。

这个知识点老师一直讲到P25的第三段，后面的就不考了，上课打瞌睡，这部分记得不全，欢迎大家补充哈~O(∩_∩)O~

第三篇：金融专业英语

lessee 租单人

lessor租赁人

heirs继承人

successor继任人

assigns受托人，代理人

paymaster收款方，出纳

principal委托人

beneficiary 受益人

undersigned 签字人

authorized signatory授权签字人

issued country签发国

issued date签发日期

bank guarantee银行保函（BG）

documentary letter of credit跟单信用证（DLC）

standby letter of credit 备用信用证（SBLC）

fees protection agreement 佣金保护协议（FPA）

irrevocable master fees protection agreement 不可撤销的佣金保护协议（IMFPA）

hard copy 正本

bank bonded courier 银行保价专递

unencumbered 无抵押

free of liens无留置

borrower's initials借方名称首字母缩写

details of secuties 有价证券说明

be no callable prior to maturity 到期前不能支取

operating bank营业银行

contract quantity 合同总额

tranche schedule分期日程

tentative schedule临时计划表

withdraw slip 提款单

institutional costs手续费

sign and seal签字盖章

restrictions限制条件

imposts间接税

liens留置

tranching分期

memorandum of understanding 谅解备忘录（MOU）

physical gold实物黄金

paper gold纸黄金

ingots金锭

tax incentive税收优惠

quote引文开始

unquote引文结束

rolls & extension 可滚动可展期（R&E）

performance bond 履约保函（PB）

specimen draft样本

letter of instruction委托购买书

letter of intent意向书（LOI）

letterhead公用信笺

bridge channel牵线人

power of attoney委托书

regional centre经济特区

pro forma invoice形式发票

irrevocable corporate purchase/pay order不可撤销购买/支付订单（ICPO）

permissory note本票，期票（PN）

assignment of agreement;deed of agreement转让协议

pre-advice预通知

due dilligence尽职调查（DD）

IBAN国际银行账号（International bank Account Number）

SWIFT 全球银行间金融通信社（Society for Worldwide Financial Telecommunication）FATF金融行动特别工作组（Financial Action Task Force）

MTN中期票据（medium term note）

POF资金证明（proof of funds）

bank coordinates 银行坐标

payment order 支付令，付款通知

treasury bill国债，国库券

call option购买选择权，看涨期权，买入期权，延买期权

legal advisor 法律顾问

legal firm律师事务所

penalty of perjury 伪证罪

tear sheet银行声明；样张(尤指有广告的一页，送给广告客户以证明广告已登出)force majeure 不可抗力

international chamber of commerce国际商会（ICC）

non-circumvention and non-disclosure 保密原则（NCND）

hongkong and shanghai banking corporation 汇丰银行（HSBC）

non-solicitation letter诚信契约书

board of directors corporate resolution董事会决议

whereas鉴于（这个词在合同中会大写）

in witness whereof 兹证明

issuing bank发证行

indemnity letter赔偿保证书

wire transfer电汇

minute book会议记录簿

request for proposals标书（RFP）

registered financial planner注册金融策划师（RFP）credit enhancement增强信贷

soft probe软调查

bank reference资信证明

第四篇：环境工程专业英语考题

life expectancy：耐用期限，平均寿命 poverty-stricken：贫穷的，贫困的，贫乏的smog-laden air：烟雾弥漫的天空global conditions ：全球状况 haves and have-nots：

富人和穷人 underprivileged ：社会地位低下的，相对贫困的，生活水平低下的，弱势的savanna：热带大草原，稀树草原 predator：食肉动物，捕食者 environmental disruptions：

环境破坏，环境失调 primary pollutant一次大气污染物 secondary pollutant 二次大气污

染物 Air nitrous oxide一氧化二氮(N2O)nitric oxide一氧化氮NOnitrogen dioxide

二氧化氮(NO2)soot煤烟 dust 灰尘smog烟雾 ozone 臭氧 herbicide 除草剂 pesticide杀虫剂 / 农药 VOC 挥发性有机化合物APC 大气污染控制 Regulatory program调整项目Financial support财政支持 Operating cost操作成本 Biodegradation capacity

生物降解能力Environmental media 环境介质 Biological生物学的 Technologies技术、工艺 Inorganic air pollutants无机大气污染物treatment facilities处理设备

per capita per day每人每天 municipality市政当局,自治市 population equivalent人口当量 basement flooding地下室浸水 runoff排水 domestic sewage生活

污水 type of terrain地形种类 land disposal掩埋处置 fecal coliform粪大肠菌群

stringent effluent requirement严格的废水排assimilation capacity同化能力

practical outlets可行的排出途径，现实出aquatic life水生生物 detrimental to human

health 对人体健康有endogenous phase内源〔生长〕期 flow monitoring流量监测

equipment age and reliability装备老化及其可靠性 mechanistic facilities机械设备

microbial activity微生物活性 activated sludge活性污泥 controlling respiration控制呼

吸 oxidation ditches氧化沟 on-line automation在线自动〔监测〕Precision and accuracy

精密度和准确度Bulk collection 大量收集Matrix material 原材料Analysis sequence 分析序

列Multivariate statistics 多元统计Interactive effect 相互影响

农药—pesticide化肥—chemical fertilizer有机废物—organic wastes 微生物

—microorganism / microbe衰减—attenuation阻滞的—retardant / blocking稀释—dilution添加剂—additive合成塑料—synthetic plastic再生--regeneration

出口outlet多管高效旋风分离器multitube high-efficiency cyclone 合成纤维 synthetic

fabric 捕集效率collection efficiency 机械洗涤mechanical scrubbing 压力降pressure

drop 焚化炉 incinerator 气体离子gas ion 捕集板collection surface 碳黑carbon

black 尾气off-gas 可应用性applicability工业规模full-scale 土壤床soil bed 生物

过滤biofilter 固定资本fixed capital易生物降解的 easily biodegraded手动控制operator

control/ manual control 最优化minimize the effects 微处理器microprocessor 统计分析

statistical analysis 质量衡算mass balance 动力学dynamics 氧化还原oxidation and

reduction /redox 停留时间residence time 模拟simulation 参数parameter 水解

hydrolysis 积分integral

第五篇：金融专业英语参考

金融专业英语

一、选择题（一共10题，每题2分，共20分）

第8题和第16题替补再后面。

1.Only what happens if the supply is less than demand?（actual price is higher than the equilibrium price）2.When the Consumer income and established conditions for commodity prices is still, consumers can buy the two commodities to the greatest number of combinations.What did the Line call?

（consumption may Line）

3.Opportunity cost:（Measures the cost of doing “x” in terms of what else might be done）4.The normal downward slope of demand curves is necessarily explained by:（Limited spending power）5.For a closed two-good economy, the output of the two goods should be at the point where:（The highest indifference curve touches the production possibility curve）.The “J-curve” shows that following depreciation:（The cost of imports rises immediately from the price effect, worsening the current account bal-ance, but later quantities of imports and exports respond and the current account balance im-proves）

7.Which of the following statements about standby letters of credit is true? :（They can serve as a guarantee to a buyer against a seller defaulting）8.What information would you find in a statement of cash flows that you would not be able to get from the other two primary financial statements?（Total liabilities due to creditors at the end of the period）*8&16.Which of the following is not a characteristic of a competitive industry?(There is a fierce price war among rivals.)9.Which of these best describes the U.S.Federal Reserve?（Responsible for monetary policy/money supply）10.What is the basic purpose of profits in our market economy?（Lead businesses to produce what consumers want）

11.Which of the following will NOT cause a shift in the demand for baseballs?(An increase in the price of baseballs)12.Decreasing returns to scale may arise from(Inefficiencies in management)

13.If the marginal rate of technological substitution(MRTS)is more than the price ratio of labor over capital(w/r), then to minimize cost the firm should Decrease the input of capital and increase the input of labor.14.The price of a good changes, both the substitution effect and the income effect reinforce each other, then the good is a(n)(Normal good)15.What market is the Most in need of the advertising?(Competitive monopoly market)16.American economist Modigliani’s life-cycle hypothesis is that:(Work time after retirement savings for the consumer finance)17.According to the rules of debit and credit for balance sheet accounts:(Decreases in asset and liability accounts are recorded by credits)18.Individuals will accept the medium of exchange in return for goods and services only if they are confident that:(They can exchange it for gold)

19.The prices of meat products in a competitive market are determined by:(Supply and demand)20.Which one of the following is most likely to improve the wages of American workers?(An increase in productivity)

二、阅读题（一共5题，每题4分，共20分）

Reading A:Laura James is the head portfolio manager for national Fund 1.Assume an industry exhibits tendencies of “regression toward the mean.”This could mean all of the following EXCEPT:（Profits increase as firms enter the industry）2.In a recessionary environment, an automaker such as Ford would be expected to:（Produce lower end vehicles）

3.Assume domestic automakers are growing at a rate of –2%.Ford expects to increase its market share by 0.5%.What is Ford’s growth rate?（–1.51%）(1 + growth of firm sales)=(1 + growth of industry sales)x(1 + fractional change of market share)= 0.98 x 1.005

= 0.9849

Growth of firm sales = –1.51%

4.Suppose instead that Ford’s growth of firm sales is expected to be –3% and the growth of industry sales is 1%.What is Ford’s expected change in market share?（-4%）0.97 = 1.01 x(1 + x)

0.9604 = 1 + x

–3.96% = x

5.Which of the following scenarios would be most likely to have a positive impact on Ford’s market share?（An increase in its marketing budget）Reading B:Liquidity is a measure of how quickly an item may be converted to cash.1.Long-term assets are all assets other than current assets.(Doesn’t say)2.Supplies are less liquid than accounts receivable, and furniture and buildings are even less so.(Right)

3.People are interested in liabilities on the balance sheet because it is relatively liquid.(Wrong)Reading C:Whereas the money markets provide very short-term loans, the capital market takes account of medium and long-term loans.4.An industrial corporate can meet its financial needs by seeking funds from the capital markets.(Right)

5.Nowadays a private business usually obtains its working capital through a commercial bank.(Wrong)6.In the UK commercial banks often raise funds by issuing bands and stocks.(Doesn’t say)

三、简答题（一共8题，每题5分，共40分）

需要先把题目翻译成中文，用英语回答内容。

1.What is finance? 什么叫金融？ The word “finance” signifies capital in monetary form, that is, in the form of funds lent or borrowed, normally for capital purposes, through financial markets or financial institutions.When finance goes international, it is then an international finance.2.What is financial market?什么是金融市场？

It is a place where financial transactions take place.Financial markets facilitate the lending of funds from savers to those who wish to undertake investments.Those that wish to borrow to finance investment projects sell financial instruments to savers.3.what is primary market? 什么是初级市场？ A primary market is a financial market in which new issues of a security, such as a bond or a stock, are sold to initial buyers by the corporation or government agency borrowing the funds.4.What is secondary market? 什么是二级市场？ A secondary market is a financial market in which securities that have been previously issued(and are thus secondhand)can be resold.5.Which methods could be used to balance the international payment deficit? 哪些方法可以用来平衡国际收支逆差？

The methods will be used as following:

a.import restrictionb.export promotion c.tighten monetary policy

d.tighten fiscal policy e.devaluation

6.What are the major functions of modern commercial bank?现代商业银行的主要功能是什么？ a.They are medium of credit.b.They are medium of payment.c.They change money into capital.d.They are creation of credit.7.先解释货币市场再说特征

businesses have aggressively pursued alternatives to low-interest-rate bank accounts.One such alternative is provided by the money markets.Money market have three basic characteristics in common:

a.They are usually sold in large denominations.b.They have low default risk.c.They mature in one year or less from their original issue date.Most money market instruments mature in less than 120 days.8.Participants of Money Market 货币市场的参与者（选择其中两个解释即可）a.The Government In money market, the government is unique because it is always a supplier and demander of money market funds.The U.S.Treasury is the largest of all money market borrowers worldwide.It issues Treasury bills(often called T-bills)and other securities that are popular with other money market participants.Short-term issues enable the government to raise the maturing issues.b.The Central Bank The Central Bank is the Treasury’s agent for the distribution of government securities.The central bank holds vast quantities of Treasury securities that it sells if it believes that the money supply should be reduced.Similarly, the central bank purchases Treasury securities if it believes that the money supply should be expanded.The central bank’s responsibility for the money supply makes it the single most influential participant in the money market.c.Commercial BanksCommercial banks hold a larger percentage of government securities than any other group of financial institutions.This is partly because of regulations that limit the investment opportunities available to banks.Specifically, banks are prohibited from owning risky securities, such as stocks or corporate bonds.There are no restrictions against holding Treasury securities because of their low risk and high liquidity.Banks are also the major issuer of negotiable certificates of deposit(CDs), banker’s acceptances, and repurchase agreements.In addition to money market securities to help manage their own liquidity, many banks trade on behalf of their customers.Not all commercial banks deal for their customers in the secondary money market.The ones that do are among the largest in the country and are often referred to as money center banks.d.Businesses

Many businesses buy and sell securities in the money market.Such activity is usually limited to major corporations because of the large transactions involved.As discussed earlier, the money market is used extensively by businesses both to warehouse surplus funds and to raise short-term funds.e.Investment Companies Large diversified brokerage firms are active in money markets.The primary function of these dealers is to “make a market” for money market securities by maintaining an inventory from which to buy or sell.These firms are very important to the liquidity of the money market because they help ensure that both buyers and sellers can readily market their securities in the primary market as well as in the secondary market.f.Insurance Companies Property and casualty insurance companies must maintain liquidity because of their unpredictable need for funds.To meet this demand, the insurance companies sell some of their money market securities to raise cash.As to the life insurance companies, because their obligations are reasonably predictable, large money market security holdings are unnecessary.However, it is a common practice that an individual can have his/her money invested in the money market through the agent department of banks and investment companies, to earn a higher interest rate than otherwise deposited in the banks.9.Inter-bank Markets 银行同业拆借市场 Inter-bank markets are money markets in which short-term funds transferred(loaned or borrowed)between financial institutions, usually for a period of one day, that is, they are usually overnight investment.The interest rate for borrowing these funds is close to, but always slightly higher than rate that is available from the central bank.10.Bank’s Acceptances 银行承兑

A bank’s acceptance is an order to pay a specified amount of money to the bearer on a given date.Banker’s acceptances have been in use since the twelfth century, and are commonly used for international trade transactions.四、综合运用题（共20分）

1.What is financial crisis?金融危机是什么 A financial crisis is a disruption to financial markets in which adverse selection and moral hazard problems become much worse, so that financial markets are unable to efficiently channel funds to those who have the most productive investment opportunities.As a result, a financial crisis can drive the economy away from an equilibrium with high output in which financial markets perform well to one in which output declines sharply.2.The effects of financial crisis?金融危机的影响 ①Many financial institutions went broke or recombined

②Global income redistribution is appearing

③The development of financial liberation has been inhibited

④International currency system is forced to be changed