金融专业英语Lesson2_cn 外汇

第一篇：金融专业英语Lesson2_cn 外汇

第二课外汇及外汇管理

外汇：

所谓“外汇”有三个主要的含义。

首先，它意味着国际收支融资利用系统。或者，它可能是指那些是研究工作，以履行国际义务进行财务活动的知识主体。

在第二个地方，它使用的手段来履行国际义务的媒体。对于国际金融和交流的目的，媒体的主要种类是电汇，邮件传输，票据，汇票，支票，银行汇票，外国债券，优惠券，股息支票，养老金支票，商业和信贷私人信件，旅行者支票，外国纸币和硬币等

一词的“外汇”第三层含义是，它涵盖了，在一般的方式，利率在这外汇是引用。

国际收支的绝大部分是通过外汇的外汇市场上交易的媒介。外汇市场并不是一个在与证券交易所或商品交易所同样的意义有组织的市场。换言之，没有一个单一的，物理的地方购买和销售执行。虽然市场以各种方式组织在世界不同的国家，最简单的外汇交易，并安排双方通过电话或电传执行。外汇交易商是最重要的大型商业银行，外汇，以维持“交易室”和执行之间或在其公司代客户进行外汇交易。外汇市场执行四项主要职能：（1）转移支付，（2）提供贷款，（3）支付一定的距离，以及（4）允许对汇率风险对冲。

对不同货币报价的交易所价格或利率方法有两种形式，直接报价法和间接标价法之一。在直接标价法，被引用率在一个固定的家，每单位外币兑换货币变量数目而言，和中国采用这种方法。在间接标价法，被引用率在外国货币单位的变量数目与本国货币，在伦敦外汇市场的做法这个方法定点单位条款。

报价的交易商总是在一两率，他将购买的其他和他将出售外币。因为那时的直接税率，对交易商的角度看，格言是“低买高卖”，因为间接率，格言是“买高卖低”。阿之间作出区别，必须由他的客户和所谓的“市场价格”交易商所收取的费率。市场汇率是指交易商之间的裁决本身作为市场成员。对于直接率，销售率为他的客户将低于市场率较高，而买入价将低于市场利率为低。还有许多其他的交流表达，但这些谁没有得到很好的交流会做精通术语来限制自己的表达式中使用的“有利”和“不利的”汇率变动时，描述，从各自国家的观点，或使用“欣赏”和“贬值”在描述在仸何特定货币价值的变动。在直接税率的情况下，“低利率是我们”（从国家的观点有利的）和“高利率是反对我们”（从国家的观点不利），或老虎钳在间接税率的情况相反。

外汇管制：

外汇管制是指一个国家的外汇交易的官方控制。该控件可能扩大在广泛领域，包括进口商品和服务，从国家，资本流入和流出，汇率，付款方式，平衡维修中心在国外，收购出口和国外汇款举行证券，居民与非居民的金融关系。外汇管制限制了货币持有人的权利，其兑换为其他货币。因此，它呈现一种货币不可兑换。

外汇管制的大多数发展中国家采取的主要对象，以防止产生不利影响的国际储备或当地货币的对外价值的官方储备对国际收支的压力，使之平衡国际收支的平衡，保证，贸易流量和资本有助于其发展目标。除了对商品的进口和出口管制，外汇管制所使用的其他方法是：（1）汇率的控制，（2）固定在其中进口和出口金应发出和接收的货币，并从特定国家之间，以及两个国家（3）双边协议合同，主要为避免国际收支逆差的目的。实施外汇管制的法律，法规和协调外汇管制政策的责仸一般在于财政部。外汇管制法规管理往往是委托给中央银行，但也有例外这个仸务是在一个部门或机构，拥有控制每一个具体的国际交易数量除以许多案件。

外汇管制系统因国家而异。大多数国家采用单一税率，其中所有的外汇交易是按官方汇率的一个系统上。单速率系统是由交易所管理的控制权，它是唯一的买方和卖方的外汇。出口商和其他人谁得到外国居民的外汇交易是在官方汇率交出其控制的权力。进口商和其他人谁想要对外国居民付款必须得到许可的购买外汇的管制当局在官方汇率。控制管理局也可调节本国货币的外国居民拥有的（银行帐户）的使用。商业银 1

行通常授权作为买卖外汇管理当局的代理人。单一汇率系统通常由一个加强进口配额和/或进口许可证，出口许可证制度。通常的进口许可证也可作为交换许可证，进口商或他人购买外汇。在一些国家，但是，一个交换牌照，除了需要进口许可证。

在中国外汇交易系统：

外汇管制已实施以来，在人民共和国建立的中国。1979年以前，由于资源严重缺乏外汇，外汇管制是严格执行。自经济改革引进和对外开放的政策以来，中国的高度集中的外汇管理体制发生了很大变化，从而减少国家干预和发挥更大的作用，符合市场机制与社会主义市场经济的发展造成的。对中国外汇制度改革的加快，1994年经常项目可兑换的条件引进，统一的外汇市场和以市场为基础的有管理的浮动汇率通过。11月27日，1996年，中国正式取消所有剩余的经常账户的限制，成为第八条国际货币基金的成员。在国际交易的外汇经常项目下的转移支付不再受政府控制或限制。

在国家外汇管理局（SAFE）是外汇管理机构负责。国家外汇管理局有一个人民的中国，中国的中央银行银行类似的分支结构。中国银行业的仍是主要的外汇银行。其他银行和金融机构，包括非本地银行的分支机构，可办理设计与国家外汇管理局批准的交易。国家实行的国际收支统计申报制度。在交易中的所有实体和直接影响国际收支必须报告的编制国际收支统计数据涉及个人。是禁止外币流通，不得被用于计价结算。中国一直保持着自1994年1月统一管理的浮动汇率。人民币的汇率是由银行间的外汇市场。人民的中国银行（中国人民银行）宣布，为对美元，港币，并在外汇交易的加权平均价格在过去的一天的交易中日元人民币参考利率。每天的兑美元在银行间外汇市场人民币汇率的变动限制在0.3％的按仸中国人民银行公布的基准利率的一面。禁止港元人民币和日元的买卖利率不得偏离仸一侧的参考率超过1％。在其他货币的情况下，偏差不得超过其各自的仸一侧率0.5％。外汇指定银行和经营外汇业务的其他金融机构是银行间外汇交易市场交易商。由中国人民银行指定的利润率公布的汇率为基础，外汇指定银行兑换及其他金融机构经营外汇业务，可以为客户报价的买入和卖出价，并进行相应的外汇交易。

在上海的中国外汇交易中心是一个国家综合银行间市场外汇交易的电子系统。它是电子联系与外汇交易中心设在各大城市。

货币和外汇市场交易的办法是由国家外汇管理局规定和调整。国家外汇管理局监督与依法在全国各地的外汇市场。

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：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

第五篇：金融专业英语求职信

In the four years of school life, I have a systematic grasp of the financial system financial professionals, but also the development of todays financial industry with a deeper understanding.Therefore, to lay a solid foundation of professional expertise.Through a four-year specialized courses of study, can grasp and skilled use of international financial, monetary and Banking, Central Bank, Insurance, property insurance, life insurance, Western financial theory, financial marketing, financial marketing, school, bank accounting, commercial banks, Western economics and other professional knowledge and skills, and mastery of a computer beginner, intermediate knowledge and proficiency in the use of WINDOWS operating systems, proficiency in internet, can use WpS, Microsoft Word document editing and operation etc., and can use tools such as photoshop software graphic design, mastered the production of Microsoft Visual Foxpro database.I have been active in learning and motivated to study professional courses in each door, and through the National Computer Rank Examination 2.In practice, life, I put myself in the cruel reality of the knowledge society, learning society, to participate in a number of social practice, greatly enriched his knowledge of society.I have a positive attitude towards life and a wide range of interests and hobbies, strong sense of responsibility at work, diligent, steadfast, strong organization, public information capacity, focusing on team spirit and collective ideas.Road will be long Xi, Wu Jiang from top to bottom the sake of the!If a person can be more practical way of doing things, then his world is magnificent.I firmly believe this and constantly improve themselves.If the privilege were employed, I will think that the best interests of the company to create their own best interests and not bargain.Sincerely do everything, and my colleagues work hard in unity.Work hard to enhance learning, continuous improvement!