财经术语缩略词.docx

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1、 BOLL- Bollinger Bands（布林线指标）
Most technicians will use Bollinger bands, but we wanted to take a look at a simple strategy that uses only the bands to make trading decisions.
Bollinger Bands is a financial trading tool that is used to define the prevailing high and low prices in a market to characterize the trading band of a financial instrument or commodity. Bollinger Bands are a volatility indicator similar to the Keltner channel.
（
大多数的技术人员将使用布林线指标，但我们想使用一个简单的策略，只使用波段进行交易决定。

2、 VIX- Chicago Board Options Exchange Volatility Index(波动率指数)
The VIX has traditionally been considered a forward indicator of realized volatility. 
The CBOE Volatility Index, known by its ticker symbol VIX, is a popular measure of the stock market's expectation of volatility implied by S&P 500 index options, calculated and published by the Chicago Board Options Exchange (CBOE). It is colloquially referred to as the fear index or the fear gauge.
（
波动率指数历来被认为是一种已实现波动率的正向指标。

3、 QE-Quantitative Easing（量化宽松）
Today the European Central Bank (ECB) launches its long-awaited programme of quantitative easing (or QE), adding lots of public debt to the private kind it has already been buying.（The Economist. 9 March 2015.）
Quantitative easing (QE), also known as large-scale asset purchases,is an expansionary monetary policy whereby a central bank buys predetermined amounts of government bonds or other financial assetsin order to stimulate the economy and increase liquidity.
今天，欧洲央行（ECB）推出了人们期待已久的量化宽松方案（QE），向已经购买的私人债券增加了大量公共债务。

4、 OMO -Open Market Operation （公开市场操作）
Open market operations, or OMOs, are the Federal Reserve's most flexible and frequently used means of implementing U.S. monetary policy.
An open market operation (OMO) is an activity by a central bank to give (or take) liquidity in its currency to (or from) a bank or a group of banks.
（https://www.newyorkfed.org/aboutthefed/fedpoint/fed32.html）
公开市场操作是美联储最灵活和最常用的货币政策工具。
5、 IPO-Initial Public Offering（首次公开募股）
The IPO process is extremely complex. A company must abide by onerous regulations, such as the Securities Act of 1934 and the Sarbanes-Oxley Act.
Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail (individual) investors; an IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchange.
（
首次公开募股过程极其复杂。公司必须遵守严格的规章制度，如《1934证券法》和《萨班斯-奥克斯利法案》。

6、 QFII-Qualified Foreign Institutional Investor（合格境外机构投资者）
The Qualified Foreign Institutional Investor program, one of the first efforts to internationalize the RMB, represents China’s effort to allow, on a selective basis, global institutional investors to invest in its RMB denominated capital market.
At present, foreign investors can invest only in local currency stocks and bonds in China under the existing qualified foreign institutional investor programme.
目前，外国投资者只有在现有的合格境外机构投资者方案下，才能在中国投资于本币股票和债券。（）

7、 FOMC-Federal Open Market Committee（美国联邦公开市场委员会）
The FOMC holds eight regularly scheduled meetings per year. At these meetings, the Committee reviews economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.（https://www.federalreserve.gov/monetarypolicy/fomc.htm）
The Federal Open Market Committee (FOMC), a committee within the Federal Reserve System (the Fed), is charged under the United States law with overseeing the nation's open market operations (e.g., the Fed's buying and selling of United States Treasury securities). This Federal Reserve committee makes key decisions about interest rates and the growth of the United States money supply.
联邦公开市场委员会每年举行八次定期会议。在这些会议上，委员会审查经济和金融状况，确定货币政策的适当立场，并评估其价格稳定和可持续经济增长的长期目标的风险。
8、 FRS- Federal Reserve System（联邦储备系统）
The United States Congress established the Federal Reserve System in1913 when it approved the Federal Reserve Act. （）
美国国会在1913年建立的联邦储备系统并通过联邦储备法案。The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States.

9、 NYSE- New York Stock Exchange（纽约证券交易所）
The offering is the largest this year by a Chinese technology company on the New York Stock Exchange. （）
此次上市是中国科技公司在纽约证交所（NYSE）今年规模最大的首次公开发行，也是首家上市的社交媒体集团。The New York Stock Exchange (abbreviated as NYSE and nicknamed "The Big Board"),is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York.

10、 ER- Exchange Rate（外汇汇率）
Ocean freight carriers originally started charging the CAF since the currency exchange rates between the United States and the Pacific Rim countries were becoming too volatile for the steamship lines and freight carriers to keep up with. （
In finance, an exchange rate is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in relation to another currency.
由于美国和太平洋沿岸国家之间的汇率太不稳定，轮船和货运船无法跟上，货运公司以成本加运费收费。

11、 ERM-Exchange Rate Mechanism（欧洲汇率机制）
George Soros has been the public face of the hedge fund industry since long before he made$ 1bn forcing sterling out the European exchange rate mechanism. （）
远在通过迫使英镑退出欧洲汇率机制而获利10亿美元以前，乔治索罗斯（George Soros）就已经是对冲基金行业的标志性人物。
The European Exchange Rate Mechanism (ERM) was a system introduced by the European Economic Community on 13 March 1979 to reduce exchange rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single currency, the euro, which took place on 1 January 1999.

12、 FI-Fixed Investment（固定投资）
Goolsbee said increases in net exports, fixed investment and federal government spending contributed to the second quarter growth. （iipdigital.usembassy.gov）
Fixed investment in economics refers to investment in fixed capital or to the replacement of depreciated fixed capital.
古尔斯比说，净出口、固定投资和联邦政府开支的增长都对第二季度的增长发挥了积极作用。

13、 NASDAQ- National Association of Securities Dealers Automated Quotation（全美证券协会自动报价系统）
The Advanced/Declined information is based on the percentage increase/decrease in stock price of Nasdaq Global and Global Select Market securities (does not include warrants and units).
（
The Nasdaq Stock Market is an American stock exchange. It is the second-largest exchange in the world by market capitalization, behind only the New York Stock Exchange located in the same city.

上涨/下跌的信息是基于纳斯达克全球和全球精选证券（不包括认股权证和单位）股票价格上升/下跌的百分比计算得出的。

14、 SAR- Stock Appreciation Rights（股票升值权益）
The incentive mechanism of share ownership includes stock option, share ownership, stock appreciation right. （）
Stock appreciation rights (SARs) is a method for companies to give their management or employees a bonus if the company performs well financially.
股权激励机制包括股票期权、股权和分红权。

15、 S&P 500-Standard&Poor’s 500 Composite Price Index（标准普尔股票价格指数）
The S&P 500 is widely regarded as the best single gauge of large-cap U.S. equities.（Standard & Poor's. Retrieved January 20,2013.）
The Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P,[6][7] is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.

标准普尔500指数被广泛认为是美国大盘股的最佳单项指标。

16、 ROE- Ratio of Equity（股本利润率）
The equity ratio is a financial ratio indicating the relative proportion of equity used to finance a company's assets.
The equity ratio only requires two inputs, owner's equity and total assets; both of which are found on a company's balance sheet.（https://www.money-
股本利润率只需要两个因素，即所有者权益和总资产，两者都在公司的资产负债表上找到。

17、 PPI-  Producer Price Index（生产者价格指数）
PPI, that's the Producer Price Index, stood at7.3 percent, also higher than February's read. ()
A producer price index (PPI) is a price index that measures the average changes in prices received by domestic producers for their output.
生产者价格指数（PPI）同比上升7.3%，同样比二月份的数据还高。

18、 VC- Venture Capital（风险资本）
Venture capital (VC) is a type of private equity,a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth (in terms of number of employees, annual revenue, or both).
Many of these companies are backed by private equity and venture capital – both from China and abroad. （）
这些公司有许多获得了国内外私人股本和风险资本的支持。

19、 CMO-Collateralized Mortgage Obligation（担保抵押贷款债务）
The CMO structure allows the issuer to meet different maturity requirements.
（
CMO结构允许发行人满足不同成熟度的要求.
A collateralized mortgage obligation (CMO) is a type of complex debt security that repackages and directs the payments of principal and interest from a collateral pool to different types and maturities of securities, thereby meeting investor needs.

20、 CS-Convertible Security（可转换债券）
A convertible security is a security that can be converted into another security. Convertible securities may be convertible bonds or preferred stocks that pay regular interest and can be converted into shares of common stock (sometimes conditioned on the stock price appreciating to a predetermined level).
Institutions needing more capital will issue a convertible preferred security to the Treasury in a sufficient amount and will have up to six months to raise private capital. （）
需要更多资金的机构将向财政部发行足够数量的可转换优先证券，同时有不超过6个月的时间来募集私人资金。

21、 MBS
mortgage-backed security抵押贷款支持证券
The securities carried AAA ratings, and yet offered much higher yields than other AAA-rated, non-MBS securities.  (FORBES: What Advisors Can - And Can't - Do For You)
这些证券持有AAA评级，但却比其他AAA评级的非MBS证券高得多。
A mortgage-backed security (MBS) is a type of asset-backed security that is secured by a mortgage or collection of mortgages. 

22、 MEI
marginal efficiency of investment投资的边际效率
The risks of marginal efficiency of steel investment will be evaded in discretional economypolicy. 
Marginal efficiency of investment, in economics, expected rates of return on investment as additional units of investment are made under specified conditions and over a stated period of time. 

在相机经济政策背景下钢铁边际投资效率大起大落的风险将得以规避。
23、 ROE
return on equity股本回报率
Staples comes out on top if the measure is return on equity, free cash flow. 
(FORBES: Staples, OfficeMax Or Office Depot, Which Is The Better Buy?)
如果衡量标准是股本回报率、自由现金流，那么就会出现大宗商品。
In corporate finance, the return on equity (ROE) is a measure of the profitability of a business in relation to the book value of shareholder equity, also known as net assets or assets minus liabilities. ROE is a measure of how well a company uses investments to generate earnings growth.

24、 ROI
return on investment 投资收益
As you can see from our test run, the return on investment approaches 30:1. 
(FORBES: Links 10 Nov: Finally, An Occupy Wall Street Idea We Can All Get Behind, The Rolling Jubilee)
从我们的测试运行中可以看出，投资回报率达到了30:1。
Return on Investment (ROI) is the ratio between the net profit and cost of investment resulting from an investment of some resource. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.

25、 ROC
return on capital 资本收益率
Its earnings yield is over 100% and its return on capital is over 60%. 
(FORBES: Five Stocks Including Herbalife That Greenblatt's Magic Formula Should Love)
其收益超过100%，资本回报率超过60%。
Return on Investment (ROI) is the ratio between the net profit and cost of investment resulting from an investment of some resource. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.

26、 ROA
return on asset 资产回报率
The history strongly suggests that the return on asset classes fluctuates significantly as the fashions of investing change. 
(FORBES: Big Caps Turn To Shine)
这段历史有力地表明，随着投资方式的改变，资产类别的回报率会大幅波动。
The return on assets (ROA) shows the percentage of how profitable a company's assets are in generating revenue.

27、 RRP
reverse repurchase agreement 逆回购协议
Reverse repurchase agreements involve the sale by the Fed of securities from its portfolio with an agreement to buy the securities back at a slightly higher price at a later date. 
(WSJ: Bernanke Op-ed in WSJ: The Fed’s Exit Strategy)
逆回购协议包括美联储从其投资组合中出售证券，并在日后以稍高的价格回购证券。
A reverse repurchase agreement conducted by the Desk, also called a “reverse repo” or “RRP,” is a transaction in which the Desk sells a security to an eligible counterparty with an agreement to repurchase that same security at a specified price at a specific time in the future. 
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28、 OTC 
Over the counter场外交易
It will maintain its ADR program to allow trading of ADSs in the OTC market. 
(FORBES: Japan's Samurai CEOs (1) Panasonic's Tsuga Kazuhiro)
它将继续主张美国存托凭证项目来允许场外市场的美国存托股票交易。
Over-the-counter (OTC) or off-exchange trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs via exchanges.

29、 ADR
American Depositary Receipt美国存托凭证
Another plus is a program to buy back up to5% of its shares this year. Moreover, its unlisted ADR will become more important and possibly will be upgraded.
该公司还计划在今年回购约5%股份。此外，其未上市的美国存托凭证也将更加重要，分析师可能将提升其评级。
An American depositary receipt (ADR, and sometimes spelled depository) is a negotiable security that represents securities of a non-U.S. company that trades in the U.S. financial markets.

30、 ADS
American Depository Share美国存托股票
It will maintain its ADR program to allow trading of ADSs in the OTC market. 
(FORBES: Japan's Samurai CEOs (1) Panasonic's Tsuga Kazuhiro)
它将继续主张美国存托凭证项目来允许场外市场的美国存托股票交易。
American Depositary Shares (ADSs) are issued by depository banks in the U.S. under agreement with the issuing foreign company; The entire issuance is called an American Depositary Receipt (ADR) and the individual shares are referred to as ADSs.

作者：Raymond Wang
链接：
来源：知乎
著作权归作者所有。商业转载请联系作者获得授权，非商业转载请注明出处。
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31、 RPI
retail price index零售物价指数
The CPI measu